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Changes in Hong Kong stocks | INTL GENIUS (00033) is now up nearly 10% and plans to spend $30 million to acquire a Singaporean fund management service company
INTL GENIUS (00033) closed up more than 50% yesterday and is up more than 16% in intraday today. As of press release, it rose 9.87% to HK$3.45, with a turnover of HK$4.22,700.
International Genius Signs MoU for Potential Acquisition of Wealth Advisory Company
International Genius (HKG:0033) entered into a memorandum of understanding earlier this month to potentially acquire a Singapore-incorporated company for $30 million, a Thursday filing on the Hong Kon
INTL GENIUS plans to acquire a company that provides services such as wealth consulting
INTL GENIUS (00033) issued an announcement. On May 14, 2024, the company signed a memorandum of understanding with the target company regarding the proposed acquisition of all issued share capital of the target company. The target company is a company incorporated in Singapore and is licensed by the Monetary Authority of Singapore to provide fund management services; provide advice on investment products (including pooled investment plans and life insurance policies); and arrange life insurance policies (with the exception of reinsurance). According to currently available data, target companies mainly provide wealth consulting services and insurance-related financial consulting services to high-net-worth clients. thereof
INTL GENIUS (00033.HK) plans to acquire all share capital of a wealth advisory services company
Gelonghui, May 23 | INTL GENIUS (00033.HK) announced that on May 14, 2024, the company signed a Memorandum of Understanding (“MOU”) with the target company regarding the proposed acquisition of all issued share capital of the target company. The target company is a company incorporated in Singapore and is licensed by the Monetary Authority of Singapore to (i) provide fund management services; (ii) provide advice on investment products (including pooled investment plans and life insurance policies); and (iii) arrange life insurance policies (other than reinsurance). According to currently available data, target companies mainly aim for high net worth
Here's Why We're Not At All Concerned With International Genius' (HKG:33) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the right price. For example, although software-as-a-service business Salesforce.com
International Genius Appoints Chief Economist; Shares Jump 9%
International Genius (HKG:0033) appointed He Xiaobin as the company's chief economist, effective April 25, according to a Thursday filing with the Hong Kong bourse. Shares of the company jumped nearly
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