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Hengdeli Holdings ( (HK:3389) ) has issued an update.
Empire Charm Limited and Hengdeli Holdings Limited have jointly announced an extension of the deadline for sending shareholders the composite offer document relating to Empire Charm’s voluntary unconditional general cash offer for all Hengdeli shares it does not already own. The composite document, which will set out full details of the offer, the timetable, company information, an independent board committee recommendation, advice from an independent financial adviser and a property valuation report, is now expected to be dispatched no later than 2 January 2026, subject to regulatory consent, with both parties cautioning shareholders and potential investors to act carefully when dealing in the shares pending further announcements.
The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.14 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.
More about Hengdeli Holdings
Hengdeli Holdings Limited is a Cayman Islands–incorporated company listed in Hong Kong that operates through a group structure holding various properties and assets, and is currently the subject of a voluntary unconditional general cash offer by Empire Charm Limited to acquire all its issued shares not already owned by the offeror and its concert parties.
Average Trading Volume: 3,025,682
Technical Sentiment Signal: Hold
Current Market Cap: HK$612.2M
For an in-depth examination of 3389 stock, go to TipRanks’ Overview page.