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Marching Great Limited Increases Stake in PT International Development Corporation

Story Highlights
  • Marching Great Limited has made a voluntary cash offer for PT International Development Corporation shares.
  • The offeror now holds 50.52% of PT International’s issued share capital, potentially impacting control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Marching Great Limited Increases Stake in PT International Development Corporation

Confident Investing Starts Here:

PT International Development Corporation Limited ( (HK:0372) ) has issued an update.

Marching Great Limited, through Head & Shoulders Securities Limited, has made a voluntary cash offer to acquire all issued shares of PT International Development Corporation Limited, excluding those already owned by Marching Great Limited and its concert parties. As of May 20, 2025, the offeror has received valid acceptances for approximately 21.39% of the company’s issued share capital, bringing its total interest to 50.52%, which may impact the company’s control and strategic direction.

More about PT International Development Corporation Limited

PT International Development Corporation Limited is incorporated in Bermuda and operates with limited liability. The company is listed on the Stock Exchange of Hong Kong and its industry focus or primary products and services are not specified in the announcement.

Average Trading Volume: 313,341

Technical Sentiment Signal: Sell

Current Market Cap: HK$75.38M

For a thorough assessment of 0372 stock, go to TipRanks’ Stock Analysis page.

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