Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
ESR Group Limited ( (HK:1821) ) just unveiled an update.
ESR Group Limited, incorporated in the Cayman Islands, has announced the fulfillment of all pre-conditions necessary for its proposed privatization by MEGA BidCo through a scheme of arrangement. The company has received requisite approvals from various financial authorities, including those in the UK, New Zealand, Singapore, Guernsey, Korea, and Australia, as well as confirmation from the Shanghai Municipal Financial Regulatory Bureau, paving the way for the privatization process and potential withdrawal of the company’s listing.
The most recent analyst rating on (HK:1821) stock is a Buy with a HK$12.70 price target. To see the full list of analyst forecasts on ESR Group Limited stock, see the HK:1821 Stock Forecast page.
More about ESR Group Limited
Average Trading Volume: 6,126,177
Technical Sentiment Signal: Buy
Current Market Cap: HK$53B
See more insights into 1821 stock on TipRanks’ Stock Analysis page.