Ping An Healthcare and Technology Company (HK:1833) has released an update.
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Ping An Healthcare and Technology Company has announced the approval of a Special Dividend, which could lead to a significant increase in shareholding for Glorious Peace. This might obligate the latter to make a mandatory general offer under the Takeovers Code, depending on the shareholders’ election for a scrip dividend. Shareholders are advised to exercise caution as the company will provide ongoing updates.
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