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Sino Golf Holdings Limited ( (HK:0361) ) has shared an update.
Sino Golf Holdings Limited and DoThink Investment Limited have announced a delay in the dispatch of the Composite Document related to a possible mandatory unconditional cash offer by DoThink to acquire all issued shares in Sino Golf Holdings. The delay is due to the need for additional time to obtain necessary approvals from Chinese authorities. The extension has been applied for, with the Executive indicating a willingness to grant consent for the delay. Stakeholders are advised to exercise caution as the offer is contingent upon the completion of certain conditions.
More about Sino Golf Holdings Limited
Sino Golf Holdings Limited is a company incorporated in Bermuda, primarily involved in the golf industry. The company focuses on the production and sale of golf equipment and related products.
Average Trading Volume: 20,233,540
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$728.2M
For a thorough assessment of 0361 stock, go to TipRanks’ Stock Analysis page.