EMINENCE ENT (00616) Experiences Stock Price Volatility Amid Property Acquisition Discussions

Stock News

Sep 04

EMINENCE ENT (00616) announced that the board of directors has noticed abnormal fluctuations in the company's share price and trading volume on the Hong Kong Stock Exchange on September 4, 2025. After making reasonable inquiries regarding the situation, the board confirmed that it is not aware of any reasons causing such abnormal share price and trading volume fluctuations, nor any information that should be disclosed to prevent a false market in the shares, nor any inside information that should be disclosed under Rule 13.09(2) of the Listing Rules and Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). However, the board hereby informs the company's shareholders and potential investors that the company is currently in negotiations with a potential vendor regarding a property acquisition matter. As of the date of this announcement, the parties have not entered into any final and/or legally binding agreement or contract regarding the acquisition, therefore, the acquisition may or may not proceed.

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