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Changhong Jiahua Holdings Ltd. ( (HK:3991) ) has shared an update.
Changhong Jiahua Holdings Limited has appointed Somerley Capital Limited as the Independent Financial Adviser to guide its Independent Board Committee on a proposed privatization scheme. This move is part of a strategic initiative involving a scheme of arrangement under the Companies Act, highlighting the company’s focus on compliance with regulatory frameworks and its commitment to transparent shareholder communication.
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 Limited is a company incorporated in Bermuda, operating within the financial services industry. It focuses on dealing in securities and advising on corporate finance, as indicated by its recent appointment of an independent financial adviser.
Average Trading Volume: 1,355,859
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.88B
Learn more about 3991 stock on TipRanks’ Stock Analysis page.