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Brilliance China Automotive Holdings ( (HK:1114) ) just unveiled an announcement.
Brilliance China Automotive Holdings Limited has announced a proposed purchase of assets through a public tender, with a base price of RMB54,405,050. The transaction involves a connected transaction under the Listing Rules due to the seller’s significant shareholding in the company. The process is subject to public tender results, and if successful, the company will enter into an asset transfer agreement. Stakeholders are advised to exercise caution as the purchase may or may not proceed.
More about Brilliance China Automotive Holdings
Brilliance China Automotive Holdings Limited is a company incorporated in Bermuda, primarily engaged in the automotive industry. It focuses on the production and sale of vehicles and related components, catering to the automotive market.
YTD Price Performance: 1.16%
Average Trading Volume: 5,631
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.69B
For detailed information about 1114 stock, go to TipRanks’ Stock Analysis page.