Ling Yui Holdings Limited (HK:0784) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ling Yui Holdings Limited has announced the successful completion of a Sale and Purchase Agreement, resulting in a mandatory unconditional cash offer to acquire all issued shares not already held by the Offeror’s Concert Group. The transaction involved the sale of a significant share portion, amounting to 12.50% of the company’s total issued share capital, with immediate effect on the shareholding structure. Trading of Ling Yui Holdings Limited shares will resume, following the changes in ownership and capital structure.
For further insights into HK:0784 stock, check out TipRanks’ Stock Analysis page.