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Shandong Hi-Speed Holdings Group Limited ( (HK:0412) ) has provided an update.
Shandong Hi-Speed Holdings Group Limited announced the closure of its mandatory unconditional cash offer to acquire shares of Shandong Hi-Speed New Energy Group Limited. The offer closed with 13 valid acceptances, covering approximately 3.69% of SHNE’s issued share capital, resulting in a total consideration of HK$147,626,991.36. The settlement process for the accepted shares is underway, with payments to be dispatched to shareholders within seven business days.
More about Shandong Hi-Speed Holdings Group Limited
YTD Price Performance: -3.85%
Average Trading Volume: 3,363,488
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$37.56B
For an in-depth examination of 0412 stock, go to TipRanks’ Stock Analysis page.
