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Bright Smart Securities & Commodities Group Limited ( (HK:1428) ) has issued an update.
Bright Smart Securities & Commodities Group Limited, in collaboration with Wealthiness and Prosperity Holding Limited, has announced a monthly update on a possible unconditional mandatory cash offer by Morgan Stanley Asia Limited. The offer is contingent on the satisfaction of certain completion conditions, which are currently being addressed with relevant authorities. The company and the offeror are actively working to meet these conditions, but none have been satisfied or waived as of the announcement date. Shareholders are advised to exercise caution and consult professional advisers regarding the offer.
The most recent analyst rating on (HK:1428) stock is a Hold with a HK$12.00 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
Bright Smart Securities & Commodities Group Limited operates in the financial services industry, focusing on securities and commodities trading. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 52,160,200
Technical Sentiment Signal: Buy
Current Market Cap: HK$20.37B
See more data about 1428 stock on TipRanks’ Stock Analysis page.