tiprankstipranks
Sun Art Retail Appoints Independent Financial Adviser Amid Potential Acquisition Offers
Company Announcements

Sun Art Retail Appoints Independent Financial Adviser Amid Potential Acquisition Offers

Story Highlights
  • Sun Art Retail Group has named Somerley Capital as its Independent Financial Adviser.
  • Sun Art Retail cautions stakeholders about the uncertainty of a potential acquisition offer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

An announcement from Sun Art Retail Group ( (HK:6808) ) is now available.

Sun Art Retail Group Limited has appointed Somerley Capital Limited as the Independent Financial Adviser to assist the Independent Board Committee regarding potential offers by Paragon Shine Limited to acquire outstanding shares and options. The announcement highlights the uncertainty of the offers’ completion and advises caution for stakeholders in dealing with company securities.

More about Sun Art Retail Group

Sun Art Retail Group Limited is a retail company incorporated in Hong Kong, focusing on the retail industry.

YTD Price Performance: -8.80%

Average Trading Volume: 300

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.26B

For detailed information about 6808 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles