Hainan Meilan Appoints Independent Financial Adviser for Offers

An update from Hainan Meilan International Airport Company ( (HK:0357) ) is now available.

Hainan Meilan International Airport Company Limited has appointed Octal Capital Limited as the Independent Financial Adviser to guide the Independent Board Committee on the fairness and reasonableness of the Offers related to the SPA and the Offers under the Takeovers Code. This strategic move aims to ensure transparent and informed decision-making regarding the Offers, although the completion of the Offers is contingent upon the satisfaction or waiver of certain conditions. Shareholders and potential investors are advised to exercise caution and seek professional advice when dealing with the company’s securities.

The most recent analyst rating on (HK:0357) stock is a Sell with a HK$6.30 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 is a joint stock company incorporated in the People’s Republic of China, operating in the aviation industry. The company is focused on managing and developing airport infrastructure and services.

Average Trading Volume: 3,227,791

Technical Sentiment Signal: Hold

Current Market Cap: HK$4.93B

For a thorough assessment of 0357 stock, go to TipRanks’ Stock Analysis page.