tiprankstipranks
Mobile Internet (China) Advances Towards Major Takeover
Company Announcements

Mobile Internet (China) Advances Towards Major Takeover

Mobile Internet (China) Holdings Limited (HK:1439) has released an update.

Pick the best stocks and maximize your portfolio:

Mobile Internet (China) Holdings Limited has updated stakeholders on the progress of a mandatory cash offer by Max Tuner Limited, with shareholders approving related transactions and the company actively working towards resuming trading. Conditions for the offer’s completion include the approval of share listings and fulfilling resumption guidance, with a significant hearing set for June 18, 2024. Financial arrangements have been secured to ensure the offer’s viability, provided certain milestones are met by August 31, 2024.

For further insights into HK:1439 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App