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
Evergrande Property Services Group Ltd. ( (HK:6666) ) has provided an update.
Evergrande Property Services Group Limited has reported that its liquidators have received updated non-binding indicative offers from selected bidders in relation to a potential transaction involving the company, which remains at a preliminary stage. The liquidators are no longer considering new non-binding offers, have yet to finalise the timetable and structure for the next phase or any final proposals, and have not entered into negotiations or reached any binding agreement with potential bidders, prompting the company to warn shareholders that there is no assurance any deal will materialise and to continue issuing monthly progress updates under Hong Kong’s Takeovers Code.
The most recent analyst rating on (HK:6666) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Evergrande Property Services Group Ltd. stock, see the HK:6666 Stock Forecast page.
More about Evergrande Property Services Group Ltd.
Evergrande Property Services Group Limited is a Hong Kong-listed property management company incorporated in the Cayman Islands, providing property services to residential and commercial projects developed under the wider Evergrande group and related clients in mainland China.
Average Trading Volume: 47,417,457
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.62B
For detailed information about 6666 stock, go to TipRanks’ Stock Analysis page.