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Legend Upstar Holdings Appoints Independent Adviser for Privatisation Proposal

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Legend Upstar Holdings Appoints Independent Adviser for Privatisation Proposal

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Legend Upstar Holdings Limited ( (HK:0459) ) just unveiled an announcement.

Legend Upstar Holdings Limited has appointed Somerley Capital Limited as the independent financial adviser to assist its independent board committee in evaluating a proposed privatisation plan under a scheme of arrangement. This appointment underscores the company’s commitment to adherence to regulatory standards and transparency as it navigates this significant proposal, which remains conditional and could impact its shareholders and market positioning.

The most recent analyst rating on (HK:0459) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Legend Upstar Holdings Limited stock, see the HK:0459 Stock Forecast page.

More about Legend Upstar Holdings Limited

Legend Upstar Holdings Limited operates in the Hong Kong market, focusing on providing financial and corporate services. It is managed by a diverse leadership team with a combination of executive and non-executive directors.

Average Trading Volume: 1,388,530

Technical Sentiment Signal: Buy

Current Market Cap: HK$218.4M

See more data about 0459 stock on TipRanks’ Stock Analysis page.

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