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Super Hi International Announces Share Distribution to Simplify Ownership

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Super Hi International Announces Share Distribution to Simplify Ownership

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Super Hi International Holding Ltd. ( (HK:9658) ) has issued an update.

Super Hi International Holding Ltd. announced a distribution in specie of its shares by one of its controlling shareholders, NP United Holding Ltd. This move aims to simplify the shareholding structure by distributing NP United’s shares among its shareholders, ZY NP LTD, SP NP LTD, SYH NP LTD, and LHY NP LTD, in proportion to their existing holdings. This reallocation of shares will result in ZY NP LTD holding the largest share, followed by SP NP LTD, SYH NP LTD, and LHY NP LTD, potentially impacting the company’s governance and shareholder dynamics.

The most recent analyst rating on (HK:9658) stock is a Hold with a HK$16.50 price target. To see the full list of analyst forecasts on Super Hi International Holding Ltd. stock, see the HK:9658 Stock Forecast page.

More about Super Hi International Holding Ltd.

Average Trading Volume: 644,704

Technical Sentiment Signal: Sell

Current Market Cap: HK$9.73B

For an in-depth examination of 9658 stock, go to TipRanks’ Overview page.

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