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China Modern Dairy Holdings Ltd. ( (HK:1117) ) has issued an announcement.
China Modern Dairy Holdings Ltd. and China Shengmu Organic Milk Limited issued a joint update on the proposed mandatory conditional cash offer for all Shengmu shares not already owned or agreed to be acquired by China Modern Dairy and Start Great. The offer, to be made through CLSA Limited on behalf of China Modern Dairy, remains contingent on the completion of share purchase agreements and satisfaction or waiver of several conditions precedent.
Since the initial announcement in October 2025, China Modern Dairy has been working to fulfil these conditions, including securing approval from its independent shareholders at an extraordinary general meeting on 16 January 2026. However, aside from that shareholder approval and with key conditions still outstanding, the companies emphasised that completion of the share purchase agreements and therefore the launch of the offer are uncertain, and further updates will be provided in line with Hong Kong listing and takeover rules.
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. is a Hong Kong-listed dairy producer focused on large-scale dairy farming and milk supply in China. China Shengmu Organic Milk Limited, also listed in Hong Kong, specialises in organic dairy products, positioning both companies within China’s expanding premium and organic dairy segment.
Average Trading Volume: 25,763,843
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.08B
See more insights into 1117 stock on TipRanks’ Stock Analysis page.