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An announcement from Home Control International Limited ( (HK:1747) ) is now available.
Meta-Wisdom Tech Limited has completed the acquisition of a 74.02% stake in Home Control International Limited, purchasing 375,000,000 shares for HK$230,000,000. Following this transaction, a mandatory unconditional cash offer has been made to acquire the remaining shares at HK$0.616 each, with the offer price being slightly higher than the initial purchase price per share.
More about Home Control International Limited
Home Control International Limited is a company incorporated in the Cayman Islands, focusing on the development and production of remote control products and solutions. It operates within the technology industry, providing innovative control solutions for various electronic devices.
Average Trading Volume: 194,260
Technical Sentiment Signal: Buy
Current Market Cap: HK$516.8M
For a thorough assessment of 1747 stock, go to TipRanks’ Stock Analysis page.