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Shanshan Brand Management Co. Ltd. Class H ( (HK:1749) ) just unveiled an update.
Shanshan Brand Management Co., Ltd. is involved in a significant transaction where Mr. Luoyefei has acquired 46.50% of the share capital of Ningbo Liankangcai Brand Management Co., Ltd. This acquisition has led to Mr. Luoyefei, along with associated parties, holding a substantial interest in the company. As a result of this acquisition, Mr. Luoyefei is required to make mandatory conditional cash offers for all the remaining domestic and H shares of Shanshan Brand Management Co., Ltd. that are not already owned or agreed to be acquired by him and his concert parties. This move could potentially shift the control dynamics within the company and impact its market positioning.
More about Shanshan Brand Management Co. Ltd. Class H
Average Trading Volume: 126,692
Technical Sentiment Signal: Buy
Current Market Cap: HK$130.7M
See more data about 1749 stock on TipRanks’ Stock Analysis page.