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Bright Smart Securities & Commodities Group Limited ( (HK:1428) ) just unveiled an update.
Bright Smart Securities & Commodities Group Limited, incorporated in the Cayman Islands, is involved in a joint announcement regarding a possible unconditional mandatory cash offer by Morgan Stanley Asia Limited on behalf of Wealthiness and Prosperity Holding Limited. The announcement details the extension of the Long Stop Date for the completion of the share purchase agreement due to timing considerations related to reporting procedures and holiday periods. The Long Stop Date has been extended to 25 March 2026, with an increased deposit amount to facilitate the extension, reflecting ongoing adjustments to meet completion conditions.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Bright Smart Securities & Commodities Group Limited stock, see the HK:1428 Stock Forecast page.
More about Bright Smart Securities & Commodities Group Limited
Average Trading Volume: 26,873,496
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.61B
Learn more about 1428 stock on TipRanks’ Stock Analysis page.