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ESR Group Announces Privatization Proposal and Listing Withdrawal

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ESR Group Limited ( (HK:1821) ) has provided an announcement.

ESR Group Limited, incorporated in the Cayman Islands, has announced a proposal to privatize the company through a scheme of arrangement under the Companies Act. The proposal includes options to cancel all outstanding options and awards, a special deal relating to the EIS, and the proposed withdrawal of the company’s listing. The scheme document, detailing the proposal and related offers, has been dispatched to shareholders and relevant parties. The independent board committee has been established to provide recommendations on the proposal.

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

Average Trading Volume: 6,332,034

Technical Sentiment Signal: Buy

Current Market Cap: HK$54.36B

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

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