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Jinke Smart Services Group Co., Ltd. Class H ( (HK:9666) ) has shared an update.
Broad Gongga Investment Pte. Ltd., through a revised mandatory cash offer for Jinke Smart Services Group Co., Ltd., has secured acceptances representing 95.56% of the company’s disinterested shares, satisfying the acceptance condition required for delisting from the Hong Kong Stock Exchange. Following these acceptances, together with prior holdings and shares acquired via an auction transfer, the offeror and its concert parties now control approximately 98.04% of Jinke Smart Services’ issued share capital, effectively concentrating ownership and paving the way for the company’s withdrawal from the public market, with significant implications for remaining minority shareholders and the firm’s future as a privately held entity.
The most recent analyst rating on (HK:9666) stock is a Hold with a HK$7.50 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 and listed in Hong Kong, operating in the property services sector with its H-shares traded under stock code 9666. The company’s shareholder base includes significant strategic investors, with Broad Gongga Investment Pte. Ltd. acting as a key offeror in recent corporate actions involving its public listing status.
Average Trading Volume: 550,272
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.15B
Learn more about 9666 stock on TipRanks’ Stock Analysis page.