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China Modern Dairy Holdings Ltd. ( (HK:1117) ) just unveiled an update.
China Modern Dairy Holdings Ltd. has announced that shareholders approved, by poll at an extraordinary general meeting held on 16 January 2026, a key resolution related to its previously flagged plan for a mandatory conditional cash offer for all issued shares of China Shengmu Organic Milk Limited not already owned or agreed to be acquired by the group and its partner. Due to listing-rule requirements, major shareholder Mengniu and its associates, as well as the trustee of the company’s share award scheme, abstained from voting, leaving 3.35 billion shares, or about 42.38% of issued share capital, eligible to vote; the successful passage of the resolution clears an important procedural hurdle for the proposed acquisition and offer structure, paving the way for Modern Dairy to advance its consolidation strategy in China’s dairy and organic milk market, with implications for its ownership structure and competitive positioning.
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., incorporated in the Cayman Islands and listed in Hong Kong, operates in the dairy industry, focusing on the production and supply of dairy products with a strategic interest in expanding its presence in the organic milk segment through its involvement with China Shengmu Organic Milk Limited.
Average Trading Volume: 23,184,638
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.31B
For a thorough assessment of 1117 stock, go to TipRanks’ Stock Analysis page.