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The latest update is out from Silver Tide Holdings Limited ( (HK:1943) ).
Silver Tide Holdings Limited announced the closure of a mandatory unconditional cash offer by Silverbricks Securities Company Limited on behalf of Jianeng Era International Trading Co., Limited to acquire all issued shares of King’s Stone Holdings Group Limited, excluding those already owned by the offeror. The offer received minimal acceptance, with only 0.009% of shares tendered, and the total consideration amounted to HK$7,200. The offeror did not hold any shares prior to the offer but now controls 75% of the company’s share capital. The announcement also included changes in the board of directors and committee compositions.
More about Silver Tide Holdings Limited
Average Trading Volume: 2,671,854
Technical Sentiment Signal: Buy
Current Market Cap: HK$430M
Find detailed analytics on 1943 stock on TipRanks’ Stock Analysis page.
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