Hengdeli Holdings (HK:3389) has released an update.
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Hengdeli Holdings Limited’s conditional voluntary cash partial offer to acquire about 15% of its issued shares has now met all required conditions, including receiving approvals from over 50% of the independent shareholders. The offer has been accepted for a larger portion than initially sought, with acceptances reaching approximately 22% of the shares in issue, signaling strong shareholder confidence.
For further insights into HK:3389 stock, check out TipRanks’ Stock Analysis page.