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China National Building Material Co ( (HK:3323) ) has provided an announcement.
China National Building Material Company Limited has announced a conditional cash offer to buy back up to 841,749,304 H shares at HK$4.03 per share, with Morgan Stanley Asia Limited acting as the financial adviser. The company has confirmed that all pre-conditions for the offer have been satisfied, including necessary governmental registrations and approvals, and plans to dispatch the offer document to shareholders around January 27, 2025.
More about China National Building Material Co
China National Building Material Company Limited is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the building materials industry. The company focuses on the production and distribution of building materials and related products, catering to both domestic and international markets.
For a thorough assessment of 3323 stock, go to TipRanks’ Stock Analysis page.