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S&T Holdings Ltd. ( (HK:3928) ) has provided an update.
China Next-Gen Commerce and Supply Chain Limited has appointed Capital 9 Limited as the Independent Financial Adviser to guide the Independent Board Committee on the fairness and reasonableness of an offer under the Takeovers Code. This strategic move aims to ensure informed decision-making regarding the offer, though there is no guarantee that the offer will proceed, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:3928) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on S&T Holdings Ltd. stock, see the HK:3928 Stock Forecast page.
More about S&T Holdings Ltd.
China Next-Gen Commerce and Supply Chain Limited operates in the commerce and supply chain industry, focusing on next-generation solutions. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 251,849
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.64B
Learn more about 3928 stock on TipRanks’ Stock Analysis page.