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The latest announcement is out from Minmetals Land Limited ( (HK:0230) ).
Minmetals Land Limited has announced the appointment of Altus Capital Limited as the Independent Financial Adviser to assist the Independent Board Committee regarding a proposed privatization scheme. This move is part of a broader proposal to privatize the company through a scheme of arrangement under Bermuda’s Companies Act. The appointment aims to provide expert advice on the proposal and scheme, which are subject to certain conditions being met. Shareholders and potential investors are advised to exercise caution as the proposal’s implementation is not guaranteed.
The most recent analyst rating on (HK:0230) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Minmetals Land Limited stock, see the HK:0230 Stock Forecast page.
More about Minmetals Land Limited
Average Trading Volume: 4,141,957
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.21B
Learn more about 0230 stock on TipRanks’ Stock Analysis page.