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Talent Virtue International Completes Partial Share Acquisition

Story Highlights
  • Talent Virtue International closed a cash partial offer to acquire shares in Hunlicar Group.
  • The offer received valid acceptances for 21,527,700 shares, representing 27.81% of total shares.
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Talent Virtue International Completes Partial Share Acquisition

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The latest announcement is out from Huabang Technology Holdings Limited ( (HK:3638) ).

Talent Virtue International Limited, formerly known as Huabang Technology Holdings Limited, has announced the closure of a conditional voluntary cash partial offer to acquire shares in Hunlicar Group Limited. The offer, facilitated by Zheshang International Financial Holdings Co., Limited, aimed to acquire a maximum of 19,439,034 shares and received valid acceptances for 21,527,700 shares, representing approximately 27.81% of the total shares issued. The offer was approved by 51.80% of the shareholders not affiliated with the offeror.

More about Huabang Technology Holdings Limited

YTD Price Performance: 8.76%

Average Trading Volume: 183,302

Technical Sentiment Signal: Hold

Current Market Cap: HK$176.5M

Learn more about 3638 stock on TipRanks’ Stock Analysis page.

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