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An announcement from CLSA Premium Ltd. ( (HK:6877) ) is now available.
CLSA Premium Limited, a company incorporated in the Cayman Islands, has announced an update regarding the potential disposal of certain ordinary shares by its controlling shareholder, CITIC Securities International Company Limited (CSI). The potential sale process, which involved a public solicitation, has identified Beijing Tong Ren Tang (Cayman) Limited as the sole prospective transferee. Discussions between CSI and the potential transferee are ongoing, but no formal agreement has been made yet. The company will continue to provide monthly updates as required by the Takeovers Code. Stakeholders are advised to exercise caution as the transaction’s completion remains uncertain.
More about CLSA Premium Ltd.
YTD Price Performance: 6.12%
Average Trading Volume: 121,153
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$211.5M
See more insights into 6877 stock on TipRanks’ Stock Analysis page.