tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Closure of Cash Offer for Hang Sang (Siu Po) International Holding Co. Ltd.

Story Highlights
Closure of Cash Offer for Hang Sang (Siu Po) International Holding Co. Ltd.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Hang Sang (Siu Po) International Holding Co. Ltd. ( (HK:3626) ) is now available.

Hang Sang (Siu Po) International Holding Co. Ltd. announced the closure of a mandatory unconditional cash offer by Altus Investments Limited on behalf of Wade Investment SP1 to acquire all issued shares not already owned by the offeror. The offer concluded with valid acceptances for 14,000 shares, representing a minor 0.008% of the company’s share capital. Post-offer, Wade Investment SP1 and its affiliates hold approximately 75.008% of the company’s shares, impacting the company’s public float and potentially its market dynamics.

More about Hang Sang (Siu Po) International Holding Co. Ltd.

Hang Sang (Siu Po) International Holding Co. Ltd. is incorporated in the Cayman Islands and operates in the financial sector. The company is publicly traded with a focus on investment activities and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 1,997,815

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.99B

For a thorough assessment of 3626 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1