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Sino Golf Holdings Announces Share Sale and Mandatory Cash Offer

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Sino Golf Holdings Announces Share Sale and Mandatory Cash Offer

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The latest announcement is out from Sino Golf Holdings Limited ( (HK:0361) ).

Sino Golf Holdings Limited has entered into a conditional agreement with DoThink Investment Limited for the sale and purchase of shares and convertible bonds in the company. Following the completion of this transaction, DoThink Investment Limited will own approximately 50.011% of the company’s total issued share capital, triggering a mandatory unconditional cash offer for the remaining shares at a price of HK$0.029 per share, as per the Takeovers Code.

More about Sino Golf Holdings Limited

Average Trading Volume: 5,347,898

Technical Sentiment Signal: Sell

Current Market Cap: HK$223.7M

For an in-depth examination of 0361 stock, go to TipRanks’ Overview page.

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