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S&T Holdings Ltd. ( (HK:3928) ) just unveiled an announcement.
S&T Holdings Ltd. announced the closure of a mandatory unconditional cash offer by Huatai Financial Holdings on behalf of Ever Realm Capital Limited to acquire all issued shares of China Next-Gen Commerce and Supply Chain Limited, excluding those already owned by Ever Realm and its affiliates. The offer resulted in Ever Realm and its affiliates holding approximately 75.001% of the company’s total issued share capital. The offer’s settlement involved a total consideration of HK$3,713.40, with remittances to be dispatched to accepting shareholders by October 8, 2025. The announcement also noted changes in the company’s directors, audit committee, remuneration committee, nomination committee, company secretary, and authorized representative.
The most recent analyst rating on (HK:3928) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on S&T Holdings Ltd. stock, see the HK:3928 Stock Forecast page.
More about S&T Holdings Ltd.
Average Trading Volume: 659,111
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.4B
For an in-depth examination of 3928 stock, go to TipRanks’ Overview page.