tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mr. Luoyefei’s Strategic Acquisition in Shanshan Brand Management

Story Highlights
Mr. Luoyefei’s Strategic Acquisition in Shanshan Brand Management

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1