Daido Group Limited Clarifies Ownership in Discloseable Transaction
Daido Group Limited (HK:0544) has issued a supplemental announcement clarifying the ownership in a discloseable transaction related to a Provisional Agreement. The ultimate beneficial owner of Union Ocean Investments Limited is Ms. Kitty Lo, an independent third party. This clarification does not change the original announcement. The current analyst rating for Daido Group Limited is a Hold with a price target of HK$2.00.
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Daido Group Limited ( (HK:0544) ) has provided an announcement.
Daido Group Limited, a company incorporated in Bermuda, has issued a supplemental announcement regarding a discloseable transaction related to a Provisional Agreement. The announcement provides additional information about the ultimate beneficial owner of Union Ocean Investments Limited, identified as Ms. Kitty Lo, a Hong Kong resident and property investment merchant. The company clarifies that Union Ocean Investments Limited and its owner are independent third parties, and this supplemental information does not alter the original announcement’s content.
The most recent analyst rating on (HK:0544) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Daido Group Limited stock, see the HK:0544 Stock Forecast page.
More about Daido Group Limited
Average Trading Volume: 206,894
Technical Sentiment Signal: Buy
Current Market Cap: HK$69.63M
Learn more about 0544 stock on TipRanks’ Stock Analysis page.
