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Silver Tide Holdings Announces Major Share Acquisition in King’s Stone Holdings

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Silver Tide Holdings Announces Major Share Acquisition in King’s Stone Holdings

Confident Investing Starts Here:

An update from Silver Tide Holdings Limited ( (HK:1943) ) is now available.

Silver Tide Holdings Limited has announced the completion of a significant transaction involving the sale and purchase of shares in King’s Stone Holdings Group Limited. The transaction, which involves Jianeng Era International Trading Co., Limited acquiring 75% of the issued share capital of King’s Stone Holdings, triggers a mandatory unconditional cash offer for the remaining shares. This move positions Jianeng Era as a major stakeholder in King’s Stone Holdings, potentially impacting the company’s future operations and market strategy.

More about Silver Tide Holdings Limited

YTD Price Performance: 40.0%

Average Trading Volume: 512,906

Technical Sentiment Signal: Buy

Current Market Cap: HK$98M

For a thorough assessment of 1943 stock, go to TipRanks’ Stock Analysis page.

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