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ESR Group Announces Privatization Proposal Amid Weather Concerns

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ESR Group Announces Privatization Proposal Amid Weather Concerns

Elevate Your Investing Strategy:

ESR Group Limited ( (HK:1821) ) just unveiled an announcement.

ESR Group Limited has announced a proposal to privatize the company through a scheme of arrangement, which includes options to cancel all outstanding options and awards, as well as a special deal related to the EIS. The announcement also details a potential withdrawal of the company’s listing. Due to the approach of a tropical cyclone, there are contingency plans for the scheduled court meeting and EGM, which may be postponed depending on weather conditions.

The most recent analyst rating on (HK:1821) stock is a Buy with a HK$12.70 price target. To see the full list of analyst forecasts on ESR Group Limited stock, see the HK:1821 Stock Forecast page.

More about ESR Group Limited

ESR Group Limited is a company incorporated in the Cayman Islands, operating within the financial sector. It is involved in activities related to securities and financial advisory services.

Average Trading Volume: 7,418,260

Technical Sentiment Signal: Buy

Current Market Cap: HK$54.46B

See more data about 1821 stock on TipRanks’ Stock Analysis page.

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