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The latest announcement is out from Shunten International (Holdings) Ltd. ( (HK:0932) ).
Leading Virtue Holdings Limited, along with Cheung Siu Fai, has entered into a Sale and Purchase Agreement to acquire a significant portion of Shunten International’s shares. This acquisition, totaling approximately 24.65% of the company’s total issued share capital, triggers a mandatory conditional cash offer by Prime Securities Limited on behalf of Leading Virtue Holdings to acquire the remaining issued shares, excluding those already owned or agreed to be acquired by the Offeror.
More about Shunten International (Holdings) Ltd.
Shunten International (Holdings) Limited is a company incorporated in the Cayman Islands, primarily involved in the acquisition and management of shares. It operates within the financial sector, focusing on strategic investments and partnerships to enhance its market presence.
Average Trading Volume: 1,810,237
Technical Sentiment Signal: Sell
Current Market Cap: HK$96.34M
For a thorough assessment of 0932 stock, go to TipRanks’ Stock Analysis page.