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Changhong Jiahua Holdings Ltd. ( (HK:3991) ) has issued an announcement.
Changhong Jiahua Holdings Limited has announced a pre-conditional proposal for its privatization by Hongtu Investment Co., Limited through a scheme of arrangement. If approved, the company will be delisted from the Stock Exchange, and its shares will be restructured with Fit Generation and Changhong Hong Kong holding significant stakes. The proposal includes a fixed scheme consideration price and requires various regulatory approvals before implementation.
The most recent analyst rating on (HK:3991) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Changhong Jiahua Holdings Ltd. stock, see the HK:3991 Stock Forecast page.
More about Changhong Jiahua Holdings Ltd.
Average Trading Volume: 740,357
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.36B
For an in-depth examination of 3991 stock, go to TipRanks’ Overview page.