tiprankstipranks
Trending News
More News >

ESR Group Limited Announces Privatization and Delisting Plan

Story Highlights
ESR Group Limited Announces Privatization and Delisting Plan

Confident Investing Starts Here:

The latest announcement is out from ESR Group Limited ( (HK:1821) ).

ESR Group Limited has announced a proposal to privatize the company through a scheme of arrangement, which was approved by shareholders at a recent court meeting and extraordinary general meeting. The proposal includes canceling outstanding options and awards, and a special deal related to the EIS. Following the scheme’s effectiveness, the company plans to withdraw its shares from the Hong Kong Stock Exchange by July 3, 2025, impacting its market presence and shareholder engagement.

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, focusing on real estate and investment services, with its shares listed on the Hong Kong Stock Exchange.

Average Trading Volume: 7,754,405

Technical Sentiment Signal: Buy

Current Market Cap: HK$54.63B

For detailed information about 1821 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1