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GC Construction Holdings Maintains Adviser’s Recommendation Amid Cash Offer

Story Highlights
  • GC Construction Holdings operates in the construction industry, offering construction services.
  • No change in adviser’s recommendation on cash offer for GC Construction shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GC Construction Holdings Maintains Adviser’s Recommendation Amid Cash Offer

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An update from GC Construction Holdings Limited ( (HK:1489) ) is now available.

GC Construction Holdings Limited announced that there is no change in the advice of the Independent Financial Adviser regarding the mandatory unconditional cash offer by Quam Securities Limited on behalf of Jumbo Flags Capital Limited to acquire all issued shares of the company. The Independent Financial Adviser confirmed that the interim results do not affect its previous advice, and the Independent Board Committee maintains its recommendation. Shareholders are advised to carefully consider the offer documents and consult professional advisers if needed.

More about GC Construction Holdings Limited

GC Construction Holdings Limited is a company incorporated in the Cayman Islands, operating within the construction industry. The company is listed on the Hong Kong Stock Exchange and is involved in providing construction services.

Average Trading Volume: 4,208,240

Technical Sentiment Signal: Buy

Current Market Cap: HK$455M

For an in-depth examination of 1489 stock, go to TipRanks’ Overview page.

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