The latest announcement is out from Reliance Global Holdings Limited ( (HK:0723) ).
Reliance Global Holdings Limited, through its indirect wholly-owned subsidiary Trans Minerals, has announced a significant financial maneuver by subscribing to the CSC Global Longevity Fixed Income Fund SP. The company has agreed to invest HK$30,000,000 in Class A Shares of the fund, aiming for long-term capital appreciation through a diversified investment strategy. This move, classified as a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, highlights the company’s strategic allocation of internal resources to enhance its investment portfolio.
More about Reliance Global Holdings Limited
YTD Price Performance: 21.74%
Average Trading Volume: 1,594,825
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$317.2M
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