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Beijing Properties Announces Privatization Proposal

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Beijing Properties Announces Privatization Proposal

Confident Investing Starts Here:

An update from Beijing Properties (Holdings) Limited ( (HK:0925) ) is now available.

Beijing Properties (Holdings) Limited has announced a proposal for its privatization by Brilliant Bright Holdings Limited through a scheme of arrangement under Section 99 of the Companies Act. The proposal includes a cancellation price of HK$0.140 per Scheme Share, representing a significant premium over recent trading prices, and involves the withdrawal of the company’s listing and acquisition of shares by the Offeror.

More about Beijing Properties (Holdings) Limited

Beijing Properties (Holdings) Limited, incorporated in Bermuda, operates in the real estate sector, focusing on property development and management. The company is listed on the Hong Kong Stock Exchange under the stock code 925.

Average Trading Volume: 814,666

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$278.8M

See more insights into 0925 stock on TipRanks’ Stock Analysis page.

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