tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jinke Smart Services Announces Revised Cash Offer and Proposed Delisting

Story Highlights
Jinke Smart Services Announces Revised Cash Offer and Proposed Delisting

TipRanks Black Friday Sale

Jinke Smart Services Group Co., Ltd. Class H ( (HK:9666) ) has shared an announcement.

Jinke Smart Services Group Co., Ltd. has announced a revised unconditional mandatory cash offer by China International Capital Corporation Hong Kong Securities Limited on behalf of the offeror to acquire all offer shares in the company. The offer includes a base price of HK$6.67 per share and an enhanced price of HK$8.69 per share, contingent upon the approval of a delisting resolution at the Extraordinary General Meeting (EGM) and the satisfaction of the delisting acceptance condition. The proposed delisting from the Stock Exchange requires at least 75% approval from disinterested shareholders and valid acceptances amounting to at least 90% of all disinterested shares. This move could significantly impact the company’s market positioning and shareholder value.

The most recent analyst rating on (HK:9666) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Jinke Smart Services Group Co., Ltd. Class H stock, see the HK:9666 Stock Forecast page.

More about Jinke Smart Services Group Co., Ltd. Class H

Jinke Smart Services Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily focused on providing smart services. The company operates within the smart services industry, offering innovative solutions and services that cater to modern technological needs.

Average Trading Volume: 732,673

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.1B

Learn more about 9666 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1