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SEM Holdings Delays Despatch of Composite Offer Document for Mandatory Cash Bid

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SEM Holdings Delays Despatch of Composite Offer Document for Mandatory Cash Bid

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An update from SEM Holdings Limited ( (HK:9929) ) is now available.

Yao Capital Limited and SEM Holdings Limited have announced a delay in sending to shareholders a combined offer document and board circular relating to a mandatory unconditional cash offer for all SEM shares not already owned or agreed to be acquired by Yao Capital and its concert parties. The composite document, which will set out full offer terms, an independent board committee recommendation and financial adviser’s opinion, is now expected to be despatched on or before 30 December 2025 following regulatory agreement to extend the original 24 December deadline, slightly pushing back the timetable for shareholders’ formal consideration of the bid.

The most recent analyst rating on (HK:9929) stock is a Hold with a HK$0.61 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: 16,674,548

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.14B

For an in-depth examination of 9929 stock, go to TipRanks’ Overview page.

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