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Greentech Technology International Limited ( (HK:0195) ) has shared an announcement.
Metals X Limited, an Australia-incorporated company, has announced the satisfaction of pre-conditions for a pre-conditional voluntary cash partial offer to acquire shares in Greentech Technology International Limited. The offer, facilitated by Yu Ming Investment Management Limited, aims to acquire up to 382,480,000 shares, representing 28% of the total shares, excluding those already owned by Metals X and its affiliates. This move follows the acquisition of necessary consents and waivers under the Takeovers Code, positioning Metals X to proceed with the offer, which is expected to impact the company’s stake in Greentech and its market strategy.
More about Greentech Technology International Limited
Technical Sentiment Signal: Sell
Current Market Cap: HK$382.5M
Find detailed analytics on 0195 stock on TipRanks’ Stock Analysis page.