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Sun Art Retail Group Announces Closure of Offers with Minimal Acceptance

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Sun Art Retail Group Announces Closure of Offers with Minimal Acceptance

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

Sun Art Retail Group Limited, in conjunction with Paragon Shine Limited, announced the closure of mandatory unconditional offers, with results showing minimal acceptance. The offers, which closed on March 27, 2025, resulted in 17 valid acceptances for the Full Upfront Settlement Alternative, representing 0.46% of the company’s issued share capital. The total consideration for the offers amounted to HK$60,524,281.5, with remittances to be dispatched by April 8, 2025.

More about Sun Art Retail Group

YTD Price Performance: -10.62%

Average Trading Volume: 3,405

Technical Sentiment Signal: Sell

Current Market Cap: $2.2B

Learn more about 6808 stock on TipRanks’ Stock Analysis page.

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