tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Centenary United Delays Composite Document for Mandatory Cash Offer

Story Highlights
Centenary United Delays Composite Document for Mandatory Cash Offer

Claim 70% Off TipRanks Premium

The latest announcement is out from Centenary United Holdings Limited ( (HK:1959) ).

Centenary United Holdings Limited and MSINT Ltd have announced a delay in sending out the composite offer document relating to a mandatory unconditional cash offer for all Centenary United shares not already owned by MSINT and its concert parties. The composite document, which will consolidate the offer details, the independent board committee’s recommendation and the independent financial adviser’s advice, will now be despatched on or before 20 January 2026 instead of the original 6 January 2026 deadline, after regulators indicated willingness to grant an extension to allow more time to finalise required information; further announcements on the timetable will follow, informing shareholders of any additional changes to the process.

The most recent analyst rating on (HK:1959) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Centenary United Holdings Limited stock, see the HK:1959 Stock Forecast page.

More about Centenary United Holdings Limited

Centenary United Holdings Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 1959. It operates under a board comprising executive and independent non-executive directors, serving shareholders in the Hong Kong capital market.

Average Trading Volume: 4,761,921

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.87B

See more insights into 1959 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1