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Shandong Hi-Speed Delays Key Document for Share Acquisition

Shandong Hi-Speed Delays Key Document for Share Acquisition

Shandong Hi-Speed Holdings Group Limited (HK:0412) has released an update.

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Shandong Hi-Speed Holdings Group Limited has announced a delay in the distribution of its Composite Document related to a mandatory cash offer to acquire all issued shares of Shandong Hi-Speed New Energy Group Limited. The delay, caused by the need for further information and upcoming public holidays, has led to an application for a time extension to January 28, 2025. Investors are advised to await the final document before making any decisions regarding the offer.

For further insights into HK:0412 stock, check out TipRanks’ Stock Analysis page.

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