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S&T Holdings Ltd. ( (HK:3928) ) just unveiled an announcement.
Ever Realm Capital Limited has announced the dispatch of a Composite Document related to a mandatory unconditional cash offer to acquire all issued shares of China Next-Gen Commerce and Supply Chain Limited, excluding those already owned by Ever Realm and its affiliates. This move is part of a strategic acquisition process, with the Composite Document providing details of the offer, recommendations from the Independent Board Committee, and advice from an Independent Financial Adviser. The announcement outlines the timetable for the offer, with key dates in September 2025, and highlights the potential impact on shareholders and the company’s market positioning.
The most recent analyst rating on (HK:3928) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on S&T Holdings Ltd. stock, see the HK:3928 Stock Forecast page.
More about S&T Holdings Ltd.
China Next-Gen Commerce and Supply Chain Limited operates in the commerce and supply chain industry, focusing on providing innovative solutions for next-generation commerce operations. The company is incorporated in the Cayman Islands and is publicly traded, indicating its involvement in global markets.
Average Trading Volume: 458,415
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.19B
See more insights into 3928 stock on TipRanks’ Stock Analysis page.