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Skyworth Group Delays Share Buy-Back Offer Document Dispatch

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Skyworth Group Delays Share Buy-Back Offer Document Dispatch

Confident Investing Starts Here:

An announcement from Skyworth Digital Holdings ( (HK:0751) ) is now available.

Skyworth Group Limited has announced a delay in the dispatch of its Offer Document related to a conditional cash offer to buy back up to 350,000,000 shares at HK$3.11 per share. The delay is due to the need for additional time to finalize certain information, including a property valuation report and advice from an Independent Financial Adviser. The company has received consent to extend the deadline for dispatch to April 30, 2025. This move may impact shareholder decisions, and stakeholders are advised to exercise caution.

More about Skyworth Digital Holdings

Skyworth Group Limited is a company incorporated in Bermuda with limited liability, primarily operating in the electronics industry. It is listed on the Hong Kong Stock Exchange and is involved in the production and distribution of consumer electronics and related products.

YTD Price Performance: -8.50%

Technical Sentiment Signal: Hold

Current Market Cap: $811.9M

For detailed information about 0751 stock, go to TipRanks’ Stock Analysis page.

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