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Empire Charm Limited’s Cash Offer for Hengdeli Holdings

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Empire Charm Limited’s Cash Offer for Hengdeli Holdings

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The latest update is out from Hengdeli Holdings ( (HK:3389) ).

Empire Charm Limited has made a voluntary unconditional general cash offer to acquire all issued shares of Hengdeli Holdings Limited, excluding those already owned by Empire Charm Limited and Ms. Fung. A clerical error was identified in the Chinese version of the joint announcement, but the English version remains accurate, and no other information has changed.

The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.

More about Hengdeli Holdings

Hengdeli Holdings Limited, incorporated in the Cayman Islands, operates in the retail sector, focusing on the distribution and sale of luxury watches. The company is listed on the Hong Kong Stock Exchange under the stock code 3389.

YTD Price Performance: -3.85%

Average Trading Volume: 791,225

Technical Sentiment Signal: Hold

Current Market Cap: HK$550.5M

See more data about 3389 stock on TipRanks’ Stock Analysis page.

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