Jinke Smart Services Updates on Potential Cash Offer Progress

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

Jinke Smart Services Group Co., Ltd. and Broad Gongga Investment Pte. Ltd. have announced a monthly update regarding a possible unconditional mandatory cash offer by China International Capital Corporation Hong Kong Securities Limited to acquire all offer shares in the company. The progress of the offer is contingent upon the completion of the Auction Shares Transfer, with the Chongqing Fifth Intermediate People’s Court having issued a court order related to the auction. The company and the offeror are preparing the Composite Document, with further announcements to be made as necessary. Shareholders and potential investors are advised to exercise caution as the offer is dependent on the successful completion of the Auction Shares Transfer.

The most recent analyst rating on (HK:9666) stock is a Hold with a HK$8.10 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. operates in the smart services industry, focusing on providing intelligent solutions and services. The company is incorporated in the People’s Republic of China and is known for its innovative approaches in the smart services sector.

Average Trading Volume: 895,094

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$4.05B

For a thorough assessment of 9666 stock, go to TipRanks’ Stock Analysis page.