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The latest announcement is out from Shandong Fengxiang Co., Ltd. Class H ( (HK:9977) ).
Shandong Fengxiang Co., Ltd. has appointed Octal Capital Limited as the independent financial adviser for its merger and rollover arrangement, as per the Takeovers Code of Hong Kong. The effectiveness of the merger agreement is contingent upon satisfying certain pre-conditions and conditions, with no assurance of completion, urging shareholders and potential investors to exercise caution.
More about Shandong Fengxiang Co., Ltd. Class H
Shandong Fengxiang Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the financial advisory sector. The company focuses on mergers, rollovers, and share buy-backs, primarily engaging in securities dealing and corporate finance advising.
YTD Price Performance: 38.69%
Average Trading Volume: 331,648
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.01B
See more data about 9977 stock on TipRanks’ Stock Analysis page.