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An update from Cinda International Holdings Limited ( (HK:0111) ) is now available.
Cinda International Holdings Limited announced a proposed gratuitous transfer of shares by its indirect controlling shareholder, China Cinda Asset Management Co., Ltd. The transfer involves the Ministry of Finance of the People’s Republic of China transferring all its shares in China Cinda to Central Huijin Investment Ltd., making Huijin the new controlling shareholder. This transfer will not affect the other indirect and direct controlling shareholders of Cinda International Holdings Limited. The transaction has been waived from triggering a mandatory general offer requirement under Hong Kong’s Takeovers Code, ensuring continuity in company operations without immediate implications for stakeholders.
More about Cinda International Holdings Limited
Cinda International Holdings Limited is a financial institution that operates in the securities and asset management industry. The Group, which includes its subsidiaries, primarily focuses on providing a range of financial services, including asset management, corporate finance, and securities trading, with a significant market presence in Hong Kong.
YTD Price Performance: -3.33%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €20.47M
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