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The latest announcement is out from Minmetals Land Limited ( (HK:0230) ).
Minmetals Land Limited and its controlling shareholder June Glory International Limited have moved a step closer to taking the property developer private, after a Bermuda court sanctioned their scheme of arrangement on 25 February 2026. The proposal, which will see all shares acquired by the offeror, remains subject to remaining conditions being fulfilled or waived, but the parties report no known impediments to completion.
Once the outstanding conditions are met, the scheme is expected to become effective on 27 February 2026, at which point it will be binding on all shareholders under Bermuda law. The company’s shares are then slated to be delisted from the Hong Kong Stock Exchange at 4:00 p.m. on 3 March 2026, marking Minmetals Land’s exit from the public market and ending public trading in its stock.
The most recent analyst rating on (HK:0230) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Minmetals Land Limited stock, see the HK:0230 Stock Forecast page.
More about Minmetals Land Limited
Minmetals Land Limited is a Bermuda-incorporated company listed in Hong Kong and engaged in the property sector, operating under the wider Minmetals group ecosystem. Its shares trade on the Hong Kong Stock Exchange under stock code 230, providing investors exposure to its real estate and related development activities in Greater China and beyond.
Average Trading Volume: 2,231,896
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.35B
For a thorough assessment of 0230 stock, go to TipRanks’ Stock Analysis page.