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Future World Holdings Completes Acquisition of Excelerate Holding Limited
Company Announcements

Future World Holdings Completes Acquisition of Excelerate Holding Limited

Story Highlights
  • Future World Holdings completed the acquisition of Excelerate Holding Limited.
  • The acquisition affects Future World Holdings’ shareholding structure and financial statements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Future World Holdings Limited ( (HK:0572) ) just unveiled an announcement.

Future World Holdings Limited has completed the acquisition of Excelerate Holding Limited, making it a wholly-owned subsidiary. This acquisition involves a transaction valued at HK$2,850,005 and includes the issuance of new shares, impacting the company’s shareholding structure slightly. The completion of this acquisition will allow Future World Holdings to consolidate the financial results of Excelerate Holding Limited into its financial statements, potentially impacting stakeholders by expanding its operational scope and financial base.

More about Future World Holdings Limited

Future World Holdings Limited operates in the financial industry, focusing on acquisitions and investments. The company is incorporated in the Cayman Islands and is publicly traded on the Hong Kong Stock Exchange.

YTD Price Performance: -3.45%

Average Trading Volume: 176,136

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$142.2M

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