SJM Holdings (HK:0880) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
SJM Holdings has announced the acquisition of complete equity interests in NYH European and NYH Italian for a total consideration of approximately HK$31.48 million, with the transactions involving subsidiaries and connected persons under the Listing Rules. The deals, exempt from independent shareholder approval due to their size, involve a complex set-off mechanism against trade receivables and capped reimbursements for business operation expenses.
For further insights into HK:0880 stock, check out TipRanks’ Stock Analysis page.
