Shandong Hi-Speed New Energy Group Limited (HK:1250) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Shandong Hi-Speed New Energy Group Limited has announced the completion of a sale and purchase agreement, leading to a mandatory unconditional cash offer for all its issued shares. The Offeror, holding approximately 56.97% of the company’s shares, will also make a cash offer to cancel outstanding share options. The related documents and offers are expected to be dispatched by 28 January 2025.
For further insights into HK:1250 stock, check out TipRanks’ Stock Analysis page.