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China New Economy Fund Ltd. ( (HK:0080) ) has shared an update.
China New Economy Fund Limited, in collaboration with Longling Capital Ltd, has announced the dispatch of a Composite Document related to a mandatory unconditional cash offer. This offer, made by Longling Capital Ltd, is for all issued shares and outstanding share options of China New Economy Fund Limited, excluding those already owned by Longling Capital Ltd. The document includes a timetable for the offer, letters of recommendation, and acceptance procedures, marking a significant step in the acquisition process.
More about China New Economy Fund Ltd.
Average Trading Volume: 14,375,338
Technical Sentiment Signal: Buy
Current Market Cap: HK$461.9M
See more insights into 0080 stock on TipRanks’ Stock Analysis page.