Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
CIFI Ever Sunshine Services Group Limited ( (HK:1995) ) has issued an update.
Ever Sunshine Services Group Limited announced an update regarding the disposal of shares by its controlling shareholder, CIFI Holdings. A subsidiary of CIFI Holdings, Spectron Enterprises Limited, has entered into a prepaid call option and a sale and swap transaction involving 406,820,000 shares with LMR Multi-Strategy Master Fund Limited. This transaction will result in Ever Sunshine Services no longer being consolidated into CIFI Holdings’ financial statements. The board does not anticipate any adverse effects on the company’s operations, but shareholders and investors are advised to exercise caution.
The most recent analyst rating on (HK:1995) stock is a Buy with a HK$2.00 price target. To see the full list of analyst forecasts on CIFI Ever Sunshine Services Group Limited stock, see the HK:1995 Stock Forecast page.
More about CIFI Ever Sunshine Services Group Limited
Ever Sunshine Services Group Limited operates in the property management industry, providing a range of services to residential and commercial properties. The company is focused on delivering high-quality management services to enhance the living and working environments of its clients.
Average Trading Volume: 4,181,007
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.89B
See more insights into 1995 stock on TipRanks’ Stock Analysis page.