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ESR Group Limited ( (HK:1821) ) has shared an announcement.
ESR Group Limited, incorporated in the Cayman Islands, has announced a proposal to privatize the company through a scheme of arrangement under Section 86 of the Companies Act. The scheme has been sanctioned by the court, but its implementation is still subject to fulfilling certain conditions, including obtaining necessary authorizations and ensuring no legal restraints are imposed. The proposal’s impact on the company’s operations and market positioning remains uncertain until these conditions are met.
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: 8,209,719
Technical Sentiment Signal: Buy
Current Market Cap: HK$54.97B
For an in-depth examination of 1821 stock, go to TipRanks’ Overview page.