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CoreVest Acquires Majority Stake in UTS Marketing Solutions

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CoreVest Acquires Majority Stake in UTS Marketing Solutions

Elevate Your Investing Strategy:

An announcement from UTS Marketing Solutions Holdings Ltd. ( (HK:6113) ) is now available.

UTS Marketing Solutions Holdings Ltd. announced the completion of a significant share acquisition by CoreVest Holdings Limited and ALF, who have collectively acquired 75% of UTS’s issued share capital for HK$186 million. This acquisition triggers a mandatory unconditional cash offer for the remaining shares, potentially impacting the company’s market positioning and shareholder dynamics.

More about UTS Marketing Solutions Holdings Ltd.

UTS Marketing Solutions Holdings Ltd. operates in the marketing industry, providing marketing solutions and services. The company is focused on delivering innovative marketing strategies and solutions to its clients.

YTD Price Performance: 240.21%

Average Trading Volume: 207,361

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.32B

For a thorough assessment of 6113 stock, go to TipRanks’ Stock Analysis page.

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