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Minmetals Land Limited Announces Privatization and Delisting Plans

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Minmetals Land Limited Announces Privatization and Delisting Plans

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Minmetals Land Limited ( (HK:0230) ) just unveiled an update.

Minmetals Land Limited is set to be privatized by June Glory International Limited through a scheme of arrangement, with a proposed withdrawal of its listing. The privatization offers a significant premium on the company’s shares, potentially impacting stakeholders by altering the company’s market presence and shareholder structure.

The most recent analyst rating on (HK:0230) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Minmetals Land Limited stock, see the HK:0230 Stock Forecast page.

More about Minmetals Land Limited

Minmetals Land Limited operates in the real estate industry, focusing on property development and investment. The company is known for its residential and commercial projects, primarily targeting the Chinese market.

Average Trading Volume: 761,013

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.64B

See more insights into 0230 stock on TipRanks’ Stock Analysis page.

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