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The latest announcement is out from GC Construction Holdings Limited ( (HK:1489) ).
GC Construction Holdings Limited announced the closure of a mandatory unconditional cash offer by Jumbo Flags Capital Limited to acquire all issued shares not already owned by them. The offer, which closed on November 28, 2025, received valid acceptances for 80,000 shares, representing a minor fraction of the company’s total issued share capital. The settlement for these shares will be completed by December 9, 2025. Prior to the offer, Jumbo Flags Capital Limited and its concert parties held approximately 72.89% of the company’s shares, indicating a significant control over the company’s shareholding structure.
More about GC Construction Holdings Limited
GC Construction Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the construction industry. The company is listed on the Hong Kong Stock Exchange and focuses on providing construction services.
Average Trading Volume: 4,029,351
Technical Sentiment Signal: Sell
Current Market Cap: HK$435M
For a thorough assessment of 1489 stock, go to TipRanks’ Stock Analysis page.