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Legend Upstar Holdings Limited ( (HK:0459) ) has provided an announcement.
Legend Upstar Holdings Limited, a company incorporated in the Cayman Islands, is undergoing a proposed privatization by Wealth Builder Holdings Limited through a scheme of arrangement under the Companies Act of the Cayman Islands. This move will result in the withdrawal of its shares from the Hong Kong Stock Exchange. The proposal, if approved, will see the cancellation of existing shares in exchange for a cash payment to shareholders, followed by the issuance of new shares to the Offeror, effectively taking the company private. The cancellation price is set at HK$0.133 per share and will not be adjusted, impacting trading activities and liquidity of the shares.
The most recent analyst rating on (HK:0459) stock is a Hold with a HK$0.07 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
Average Trading Volume: 284,789
Technical Sentiment Signal: Sell
Current Market Cap: HK$135.4M
For a thorough assessment of 0459 stock, go to TipRanks’ Stock Analysis page.