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Delay in Dispatch of Composite Document for Hang Sang (Siu Po) Offer

Story Highlights
  • Hang Sang (Siu Po) operates in the financial sector and is listed on the Hong Kong Stock Exchange.
  • The dispatch of the Composite Document for a cash offer is delayed to May 26, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Delay in Dispatch of Composite Document for Hang Sang (Siu Po) Offer

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Hang Sang (Siu Po) International Holding Co. Ltd. ( (HK:3626) ) has provided an update.

Hang Sang (Siu Po) International Holding Co. Ltd. and Wade Investment SPC Ltd have announced a delay in the dispatch of the Composite Document related to a mandatory unconditional cash offer by Altus Investments Limited. The delay, extending the deadline from April 22 to May 26, 2025, is due to conditions related to the completion of the sale and purchase agreement and the record date for a special dividend. This extension has been consented to by the Executive, and further announcements will be made regarding the timing of the document dispatch.

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 involved in various investment activities and is listed on the Hong Kong Stock Exchange under the stock code 3626.

YTD Price Performance: 4557.89%

Average Trading Volume: 1,980,487

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.26B

See more insights into 3626 stock on TipRanks’ Stock Analysis page.

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