Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from SEM Holdings Limited ( (HK:9929) ).
SEM Holdings Limited has announced the appointment of Red Sun Capital Limited as the Independent Financial Adviser to guide its Independent Board Committee regarding an offer. This decision is part of the company’s compliance with the Takeovers Code, and the advice from Red Sun Capital will be included in a forthcoming Composite Document. The company cautions shareholders and potential investors that there is no assurance the offer will proceed and advises them to remain cautious in dealing with its securities.
The most recent analyst rating on (HK:9929) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on SEM Holdings Limited stock, see the HK:9929 Stock Forecast page.
More about SEM Holdings Limited
SEM Holdings Limited is a company incorporated in the Cayman Islands with limited liability, and it is listed on the Hong Kong Stock Exchange under the stock code 9929.
Average Trading Volume: 14,248,378
Technical Sentiment Signal: Buy
Current Market Cap: HK$960M
For an in-depth examination of 9929 stock, go to TipRanks’ Overview page.