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SEM Holdings Limited ( (HK:9929) ) has issued an announcement.
SEM Holdings Limited, incorporated in the Cayman Islands, has announced the completion of a significant transaction involving the sale and purchase of 75% of its issued shares to Yao Capital Limited. This transaction, valued at HK$165.0 million, has led to a mandatory unconditional cash offer by Yao Capital Limited to acquire the remaining shares of SEM Holdings Limited. The completion of this acquisition and the subsequent offer are expected to impact the company’s market positioning and shareholder structure.
The most recent analyst rating on (HK:9929) stock is a Hold with a HK$0.11 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
Average Trading Volume: 2,542,083
Technical Sentiment Signal: Buy
Current Market Cap: HK$206M
Find detailed analytics on 9929 stock on TipRanks’ Stock Analysis page.