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Minmetals Land Shareholders Approve Privatisation and Delisting Plan

Story Highlights
  • Minmetals Land shareholders approved a scheme to privatise the property developer via June Glory International.
  • Trading will cease and the register will close as Minmetals Land moves toward delisting and private ownership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Minmetals Land Shareholders Approve Privatisation and Delisting Plan

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Minmetals Land Limited ( (HK:0230) ) has issued an announcement.

Minmetals Land Limited is a Bermuda-incorporated property developer listed in Hong Kong, operating within the real estate sector and focusing on property investment and development. The company forms part of a wider state-linked resources and property conglomerate, giving it access to long-term capital and strategic backing in its core markets.

June Glory International Limited’s privatisation proposal for Minmetals Land, implemented via a scheme of arrangement, was approved by scheme shareholders and supported by a special resolution to cancel existing scheme shares and issue new fully paid shares to the offeror. Trading in Minmetals Land shares is expected to end on 10 February 2026, with the register of members closing from 27 February 2026 to determine entitlements under the scheme, paving the way for withdrawal of the company’s Hong Kong listing and transition to private ownership.

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

Minmetals Land Limited is a Bermuda-incorporated property developer listed in Hong Kong, operating within the real estate sector. The company focuses on property investment and development activities, positioning itself in the Hong Kong and regional markets as part of a broader state-linked resources and property group.

YTD Price Performance: 1.03%

Average Trading Volume: 2,507,074

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.28B

Learn more about 0230 stock on TipRanks’ Stock Analysis page.

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