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Microware Group Ltd. ( (HK:1985) ) has provided an announcement.
Microware Group Limited has announced a voluntary conditional cash offer made by Astrum Capital Management Limited on behalf of an offeror to acquire all issued shares of the company, excluding those already owned by the offeror and its affiliates. The offer price is set at HK$1.36 per share, with the offeror currently holding approximately 30.33% of the company’s shares. The offer is compliant with the Takeovers Code and will be extended to all independent shareholders. The company has not declared any dividends or distributions and does not intend to do so before the offer closes. The offeror has stated it will not increase the offer price.
More about Microware Group Ltd.
Average Trading Volume: 220,723
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$378M
For detailed information about 1985 stock, go to TipRanks’ Stock Analysis page.