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Microware Group Ltd. ( (HK:1985) ) has issued an update.
Microware Group Limited has announced that a voluntary conditional cash offer by Astrum Capital Management Limited, on behalf of Weiye Holdings Group Limited, has become unconditional. The Offeror and its concert parties now hold over 55% of the company’s voting rights, following valid acceptances representing approximately 24.87% of the issued share capital. This development marks a significant shift in the company’s ownership structure, potentially impacting its strategic direction and stakeholder interests.
More about Microware Group Ltd.
Microware Group Limited is a company incorporated in the Cayman Islands, operating in the technology sector. It is listed on the Stock Exchange of Hong Kong and focuses on providing IT solutions and services.
Average Trading Volume: 528,490
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$411M
For a thorough assessment of 1985 stock, go to TipRanks’ Stock Analysis page.