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CLSA Premium Maintains Adviser’s Stance on Cash Offer

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CLSA Premium Ltd. ( (HK:6877) ) just unveiled an announcement.

CLSA Premium Limited, a company listed on the Hong Kong Stock Exchange, has announced that there is no change in the advice provided by its Independent Financial Adviser, Somerley Capital Limited, regarding an unconditional mandatory cash offer made by Shanggu Securities Limited on behalf of Beijing Tong Ren Tang (Cayman) Limited. The advice remains that the offer is fair and reasonable, and shareholders are encouraged to carefully review the relevant documents before making a decision. The announcement underscores the importance of caution for shareholders and potential investors in dealing with the company’s shares.

More about CLSA Premium Ltd.

YTD Price Performance: 51.02%

Average Trading Volume: 2,777,558

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$300.9M

For detailed information about 6877 stock, go to TipRanks’ Stock Analysis page.

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