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An announcement from China Modern Dairy Holdings Ltd. ( (HK:1117) ) is now available.
China Modern Dairy Holdings Ltd. announced a delay in the dispatch of its circular related to a major and connected transaction involving the acquisition of shares in China Shengmu Organic Milk Limited. The delay is due to the additional time required to prepare necessary information, with the circular now expected to be dispatched by December 31, 2025. This announcement highlights the conditional nature of the offer, which depends on the completion of share purchase agreements, urging shareholders and investors to exercise caution.
The most recent analyst rating on (HK:1117) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Modern Dairy Holdings Ltd. stock, see the HK:1117 Stock Forecast page.
More about China Modern Dairy Holdings Ltd.
China Modern Dairy Holdings Ltd. operates in the dairy industry, focusing on the production and distribution of high-quality milk and dairy products. The company is involved in the acquisition and management of dairy farms and aims to enhance its market presence through strategic transactions.
Average Trading Volume: 16,868,586
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.89B
For an in-depth examination of 1117 stock, go to TipRanks’ Overview page.