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Bright Future Technology Appoints Independent Financial Adviser for Offer Evaluation

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Bright Future Technology Appoints Independent Financial Adviser for Offer Evaluation

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An update from Bright Future Technology Holdings Limited ( (HK:1351) ) is now available.

Bright Future Technology Holdings Limited has appointed Merdeka Corporate Finance Limited as the Independent Financial Adviser to guide the Independent Board Committee regarding an offer from Swift Ascent Limited. This appointment, approved by the Independent Board Committee, aims to evaluate the fairness and reasonableness of the offer. The outcome of this advisory role could significantly impact the company’s strategic decisions and market positioning. Shareholders and investors are advised to stay informed and exercise caution as the offer’s progression remains uncertain.

The most recent analyst rating on (HK:1351) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Bright Future Technology Holdings Limited stock, see the HK:1351 Stock Forecast page.

More about Bright Future Technology Holdings Limited

Bright Future Technology Holdings Limited is a company incorporated in the Cayman Islands, operating in the technology sector. Its primary focus is on providing innovative technology solutions and services.

Average Trading Volume: 1,009,448

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$324M

See more insights into 1351 stock on TipRanks’ Stock Analysis page.

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