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Changhong Jiahua Announces Privatization Proposal and Listing Withdrawal

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Changhong Jiahua Announces Privatization Proposal and Listing Withdrawal

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An update from Changhong Jiahua Holdings Ltd. ( (HK:3991) ) is now available.

Changhong Jiahua Holdings Ltd. has announced a pre-conditional proposal for its privatization through a scheme of arrangement, alongside a proposed withdrawal of its listing. The company is working on fulfilling necessary pre-conditions, including obtaining approvals from various Chinese regulatory bodies. The scheme document’s dispatch has been extended, pending the satisfaction of these pre-conditions, potentially impacting the company’s market presence and stakeholder interests.

The most recent analyst rating on (HK:3991) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Changhong Jiahua Holdings Ltd. stock, see the HK:3991 Stock Forecast page.

More about Changhong Jiahua Holdings Ltd.

Changhong Jiahua Holdings Ltd. operates in the technology and electronics industry, focusing on providing a range of electronic products and services. The company is primarily involved in the distribution of IT products and consumer electronics, catering to various market segments.

Average Trading Volume: 1,533,099

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.93B

See more data about 3991 stock on TipRanks’ Stock Analysis page.

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