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ESR Group Limited’s Privatization Proposal Progress Update

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ESR Group Limited ( (HK:1821) ) just unveiled an update.

ESR Group Limited, incorporated in the Cayman Islands, is currently undergoing a pre-conditional proposal to privatize the company through a scheme of arrangement. This process includes a proposed withdrawal of the company’s listing and a special deal related to the employee incentive scheme. The company, along with MEGA BidCo, is working towards fulfilling the necessary pre-conditions for this proposal, which include obtaining approvals from relevant authorities such as the Treasurer of the Commonwealth of Australia and the Shanghai Municipal Financial Regulatory Bureau.

More about ESR Group Limited

Average Trading Volume: 6,146,086

Technical Sentiment Signal: Buy

Current Market Cap: HK$52.74B

For detailed information about 1821 stock, go to TipRanks’ Stock Analysis page.

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