Sinomax Group Issues Supplemental Announcement on 2024 Annual Report
Sinomax Group Ltd. (HK:1418) has issued a supplemental announcement regarding its 2024 Annual Report, detailing related party transactions and confirming compliance with Chapter 14A of the Listing Rules. This includes information on the Dongguan Lease Agreement, reinforcing the company's commitment to transparency and regulatory adherence. The current analyst rating for Sinomax stock is a Hold with a price target of HK$0.50. Sinomax specializes in manufacturing polyurethane-based products for the home furnishing industry, with a market cap of HK$376.3M.
Sinomax Group Ltd. ( (HK:1418) ) just unveiled an announcement.
Sinomax Group Limited has issued a supplemental announcement to its 2024 Annual Report, providing additional information regarding related party transactions. The company confirms compliance with Chapter 14A of the Listing Rules, specifically highlighting transactions related to the Dongguan Lease Agreement, which are considered connected transactions. This announcement ensures transparency and compliance, reinforcing Sinomax’s commitment to adhering to regulatory requirements.
The most recent analyst rating on (HK:1418) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sinomax Group Ltd. stock, see the HK:1418 Stock Forecast page.
More about Sinomax Group Ltd.
Sinomax Group Limited is a company incorporated under the laws of the Cayman Islands, focusing on the manufacturing and sale of polyurethane-based products, including pillows, mattresses, and other comfort products. The company operates in the home furnishing industry, catering to both domestic and international markets.
Average Trading Volume: 382,557
Technical Sentiment Signal: Hold
Current Market Cap: HK$376.3M
For a thorough assessment of 1418 stock, go to TipRanks’ Stock Analysis page.
