Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Southwest Securities International Securities Limited ( (HK:0812) ) has shared an update.
Southwest Securities International Securities Limited was involved in a potential acquisition by Ocean Wisdom Investments Limited, facilitated by Goldlink Securities Limited. This involved a potential unconditional mandatory cash offer for all issued shares not already owned by the offeror. The announcement states that the Sale and Purchase Agreement has lapsed due to the failure of Mr. Wong to secure independent financing by the stipulated date, resulting in the cessation of the possible cash offer. Consequently, a total of HK$27,000,000 from initial considerations remains non-refundable and is forfeited to the company.
More about Southwest Securities International Securities Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €13.77M
See more insights into 0812 stock on TipRanks’ Stock Analysis page.