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Allied Group’s Conditional Offer for Dragon Mining Shares Remains Unfulfilled

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Allied Group’s Conditional Offer for Dragon Mining Shares Remains Unfulfilled

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Allied Group ( (HK:0373) ) just unveiled an announcement.

Allied Group Limited, through its subsidiary Wah Cheong Development (B.V.I.) Limited, has made a conditional voluntary cash offer to acquire all issued shares of Dragon Mining Limited. As of August 1, 2025, the offer has not become unconditional, with the Offeror’s voting power in Dragon Mining at approximately 29.83%. Stakeholders are advised to exercise caution as the offer’s conditions remain unfulfilled, and further announcements will be made regarding the offer’s status.

More about Allied Group

Allied Group Limited is a diversified company based in Hong Kong, primarily involved in financial services and investments. Dragon Mining Limited, incorporated in Western Australia, focuses on gold exploration and mining activities.

Average Trading Volume: 325,966

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.83B

See more insights into 0373 stock on TipRanks’ Stock Analysis page.

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