Sunway International Holdings Limited (HK:0058) has released an update.
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Sunway International Holdings Limited has announced the closure of its mandatory unconditional cash offers, with minimal uptake from shareholders, as only 0.08% of issued shares were tendered. Despite this, the Offeror and its affiliates now hold a controlling interest of approximately 50.95% in the company. The public float remains above the required threshold, ensuring compliance with stock exchange regulations.
For further insights into HK:0058 stock, check out TipRanks’ Stock Analysis page.