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CASH Financial Services Group ( (HK:0510) ) has issued an announcement.
CASH Financial Services Group Limited (CFSG) has announced unusual price and trading volume movements in its shares, attributed to discussions between its controlling shareholder, Celestial Investment Group Limited (CIGL), and an independent third party regarding a potential transaction involving equity interests in CFSG. This potential transaction, if realized, could significantly impact CFSG’s market positioning and shareholder interests under the Takeovers Code. As of now, no definitive agreement has been reached, and CFSG will continue to provide monthly updates until a decision is made.
More about CASH Financial Services Group
CASH Financial Services Group Limited (CFSG) is a company incorporated in Bermuda, primarily operating in the financial services industry. It is a subsidiary of Celestial Asia Securities Holdings Limited (CASH), focusing on securities trading and related financial services.
Average Trading Volume: 809,780
Technical Sentiment Signal: Buy
Current Market Cap: HK$284.6M
Find detailed analytics on 0510 stock on TipRanks’ Stock Analysis page.