Capital Estate Limited (HK:0193) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Cedarwood Ventures Limited has successfully completed its mandatory unconditional cash offer to acquire additional shares of Capital Estate Limited, raising its stake to over 62% of the company’s total share capital. The offer saw valid acceptances for over 24 million shares, marking a significant increase in Cedarwood’s control over the company. This move highlights strategic maneuvers in the stock market, attracting attention from investors interested in corporate acquisitions.
For further insights into HK:0193 stock, check out TipRanks’ Stock Analysis page.