tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Longevity Group Advisers Maintain Stance Against Partial Offer

Story Highlights
China Longevity Group Advisers Maintain Stance Against Partial Offer

Claim 70% Off TipRanks Premium

China Longevity Group Co. Ltd. ( (HK:1863) ) just unveiled an announcement.

China Longevity Group Co. Ltd. has announced that there is no change in the advice from its Joint Independent Financial Advisers regarding a conditional voluntary cash partial offer made by Somerley Capital Limited on behalf of Alternative Liquidity Index, LP. The advisers have recommended that the Independent Board Committee advise shareholders not to accept the offer, as it is deemed not fair and reasonable. The Independent Board Committee has confirmed this recommendation remains unchanged, urging shareholders to carefully consider the advice before making any decisions.

More about China Longevity Group Co. Ltd.

See more insights into 1863 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