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Allied Group Announces Dispatch of Response Document for Dragon Mining Acquisition Offer

Story Highlights
  • Allied Group and partners announce dispatch of response document for Dragon Mining acquisition.
  • Shareholders are urged to consider the offer carefully and consult advisers if needed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Allied Group Announces Dispatch of Response Document for Dragon Mining Acquisition Offer

Confident Investing Starts Here:

Allied Group ( (HK:0373) ) has issued an announcement.

Allied Group Limited, Dragon Mining Limited, and Wah Cheong Development (B.V.I.) Limited have jointly announced the dispatch of a response document related to a conditional voluntary cash offer by Morton Securities Limited on behalf of Wah Cheong to acquire all issued shares of Dragon Mining Limited. The response document, issued on 23 June 2025, includes recommendations and advice from the DML Board, Independent Board Committee, and Independent Financial Adviser, urging shareholders to carefully consider the offer. Shareholders and potential investors are advised to exercise caution and consult professional advisers if needed.

More about Allied Group

Average Trading Volume: 315,102

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.66B

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