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Pentamaster International Limited ( (HK:1665) ) has issued an update.
Pentamaster International Limited, incorporated in the Cayman Islands, has announced that there is no change in the advice from its Independent Financial Adviser regarding the proposal to privatize the company, withdraw its listing, and declare a special dividend. The adviser considers the terms of the proposal and the scheme to be fair and reasonable for disinterested shareholders and recommends voting in favor of the resolutions. However, the implementation of the proposal and the payment of the special dividend are subject to certain conditions being fulfilled, and shareholders are advised to exercise caution.
More about Pentamaster International Limited
YTD Price Performance: -3.16%
Average Trading Volume: 5,861,622
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$2.21B
Find detailed analytics on 1665 stock on TipRanks’ Stock Analysis page.