Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Kingkey Financial International (Holdings) Ltd. ( (HK:1468) ) has shared an announcement.
Kingkey Financial International (Holdings) Limited has announced an extraordinary general meeting (EGM) to approve a significant acquisition. The acquisition involves a sale and purchase agreement with IndexAtlas AG, where Kingkey will acquire 6,000,000 shares of Youngtimers AG for CHF4.32 million, settled through the issuance of new shares. This move could strengthen Kingkey’s market position and expand its investment portfolio, impacting shareholder value and future company strategy.
More about Kingkey Financial International (Holdings) Ltd.
Kingkey Financial International (Holdings) Limited is a company incorporated in the Cayman Islands with limited liability, primarily engaged in financial services and investments.
YTD Price Performance: -8.70%
Average Trading Volume: 167,848,682
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$692.2M
For a thorough assessment of 1468 stock, go to TipRanks’ Stock Analysis page.