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ESR Group Limited ( (HK:1821) ) has shared an update.
ESR Group Limited, incorporated in the Cayman Islands, has announced a clarification regarding its proposal to privatize the company through a scheme of arrangement under the Companies Act. The announcement also includes the withdrawal of the company’s listing and the results of the option offers. The company clarified that valid acceptances were received for approximately 92.0% of the Post-IPO Share Options, rather than the previously stated 99.3%, due to an error in counting. This adjustment does not affect other information previously disclosed.
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: 8,947,849
Technical Sentiment Signal: Buy
Current Market Cap: HK$54.97B
See more insights into 1821 stock on TipRanks’ Stock Analysis page.