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Kelfred Holdings Ends Potential Disposal and Offer Process

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Kelfred Holdings Ends Potential Disposal and Offer Process

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Kelfred Holdings Limited ( (HK:1134) ) has issued an update.

Kelfred Holdings Limited has announced the termination of a potential disposal and offer process, as discussions with a potential purchaser have ended without a formal agreement. Consequently, the possible mandatory unconditional general offer for all issued shares will not proceed, and the offer period has concluded. Trading in the company’s shares, which was temporarily halted, is set to resume, and stakeholders are advised to exercise caution.

The most recent analyst rating on (HK:1134) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kelfred Holdings Limited stock, see the HK:1134 Stock Forecast page.

More about Kelfred Holdings Limited

Average Trading Volume: 1,841,371

Technical Sentiment Signal: Buy

Current Market Cap: HK$162.5M

For detailed information about 1134 stock, go to TipRanks’ Stock Analysis page.

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