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The latest announcement is out from Hainan Meilan International Airport Company ( (HK:0357) ).
Hainan Airport Infrastructure Co., Ltd. is in the process of acquiring approximately 50.19% shareholding in Hainan Meilan International Airport Company Limited. The acquisition involves a possible unconditional mandatory cash offer to acquire all domestic and H shares not already owned by Hainan Airport Infrastructure. The announcement provides updates on the satisfaction of conditions required for the completion of the acquisition, with several conditions already met and others still pending. The company continues to work towards fulfilling the remaining conditions and will make further announcements as necessary.
The most recent analyst rating on (HK:0357) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.
More about Hainan Meilan International Airport Company
Hainan Meilan International Airport Company Limited operates in the aviation industry, focusing on airport management and related services. It is a joint stock company incorporated in the People’s Republic of China, with a market presence that includes both domestic and international stakeholders.
Average Trading Volume: 1,476,813
Technical Sentiment Signal: Hold
Current Market Cap: HK$4.92B
Learn more about 0357 stock on TipRanks’ Stock Analysis page.