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Hainan Meilan International Airport Company ( (HK:0357) ) just unveiled an announcement.
Hainan Airport Infrastructure Co., Ltd. has announced the partial satisfaction of conditions related to its acquisition of a 50.19% shareholding in Hainan Meilan International Airport Company Limited. This development is part of a larger plan involving possible unconditional mandatory cash offers to acquire all domestic and H shares of the company. The announcement indicates progress in the acquisition process, with several conditions already met, although some remain outstanding. The completion of this acquisition could significantly impact the company’s operations and market positioning, potentially affecting stakeholders involved.
The most recent analyst rating on (HK:0357) stock is a Sell with a HK$6.30 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.
More about Hainan Meilan International Airport Company
Hainan Meilan International Airport Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in airport infrastructure development and management. It operates in the aviation industry, focusing on providing airport services and facilities.
Average Trading Volume: 2,831,419
Technical Sentiment Signal: Hold
Current Market Cap: HK$4.87B
Learn more about 0357 stock on TipRanks’ Stock Analysis page.
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