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Kelfred Holdings Limited ( (HK:1134) ) just unveiled an update.
Kelfred Holdings Limited has announced unusual price and trading volume movements in its shares on the Hong Kong Stock Exchange. The controlling shareholder, Conquer Holding Limited, is in discussions with a potential purchaser for the possible disposal of approximately 54.19% of the company’s total issued share capital. If the disposal proceeds, it could lead to a mandatory general offer for all issued shares, as per the Takeovers Code. However, no formal agreement has been reached, and the outcome remains uncertain.
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: 811,675
Technical Sentiment Signal: Buy
Current Market Cap: HK$162.5M
Learn more about 1134 stock on TipRanks’ Stock Analysis page.