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Hang Sang (Siu Po) International Holding Co. Ltd. ( (HK:3626) ) has shared an announcement.
Hang Sang (Siu Po) International Holding Co. Ltd. has entered into a Sale and Purchase Agreement with Wade Investment SPC Ltd, which will acquire 75% of the company’s shares for HK$195,000,000. Following this acquisition, a mandatory unconditional cash offer will be made by Altus Investments Limited on behalf of Wade Investment SPC Ltd to purchase all remaining issued shares at HK$1.414 per share, as per the Takeovers Code.
More about Hang Sang (Siu Po) International Holding Co. Ltd.
YTD Price Performance: 176.32%
Average Trading Volume: 138,266
Technical Sentiment Signal: Sell
Current Market Cap: HK$193.2M
See more insights into 3626 stock on TipRanks’ Stock Analysis page.