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An announcement from Minmetals Land Limited ( (HK:0230) ) is now available.
June Glory International Limited, the controlling shareholder of Minmetals Land Limited, is proceeding with a proposal to privatise Minmetals Land via a scheme of arrangement under Section 99 of the Companies Act, which will result in the company’s shares being delisted from the Hong Kong Stock Exchange if completed. The parties have obtained regulatory consent to extend the deadline for despatch of the scheme document to on or before 20 January 2026 and are currently finalising its contents, while cautioning shareholders and potential investors that the privatisation and withdrawal of listing remain subject to conditions and may ultimately not proceed, underscoring ongoing uncertainty for minority investors and the company’s public market presence.
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 company listed in Hong Kong, operating within the broader property and land development sector under the umbrella of its controlling shareholder, June Glory International Limited, an investment holding vehicle incorporated in the British Virgin Islands.
Average Trading Volume: 4,324,828
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.21B
Learn more about 0230 stock on TipRanks’ Stock Analysis page.