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The latest announcement is out from Enviro Energy International Holdings Limited ( (HK:1102) ).
Enviro Energy International Holdings Limited, incorporated in the Cayman Islands, has completed the acquisition of its sale shares as announced on 6 February 2025. The acquisition was executed through a series of sale and purchase agreements, totaling 709,045,226 sale shares, representing approximately 49.26% of the company’s existing issued share capital. This completion triggers a mandatory conditional cash offer under the Takeovers Code, obliging the Offeror, Amethyst Asia Limited, to make an offer for all the remaining shares at HK$0.05 per share, not already owned or agreed to be acquired by the Offeror.
More about Enviro Energy International Holdings Limited
YTD Price Performance: 10.0%
Average Trading Volume: 14,623,737
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$95M
Learn more about 1102 stock on TipRanks’ Stock Analysis page.