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Thelloy Development Group Limited ( (HK:1546) ) has provided an announcement.
World Nexus Holdings Limited and Thelloy Development Group Limited issued a monthly update on the progress of a mandatory unconditional cash offer for all issued shares of Thelloy not already owned by the offeror and its concert parties. The parties confirmed that regulators have approved an extension of time to send shareholders the composite offer document, which is now expected to be dispatched on or before 20 March 2026.
The companies said they are finalising the contents of the composite document and will make further announcements once it is issued or if the timetable changes. Shareholders and potential investors are urged to read the composite document carefully before deciding whether to accept the offer and to exercise caution when dealing in Thelloy’s securities.
The most recent analyst rating on (HK:1546) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Thelloy Development Group Limited stock, see the HK:1546 Stock Forecast page.
More about Thelloy Development Group Limited
Thelloy Development Group Limited is a Hong Kong-listed construction and engineering group, providing building, civil engineering, and related contracting services. The company primarily serves the Hong Kong market, undertaking public and private sector projects under long-term client relationships and framework arrangements.
Average Trading Volume: 4,897,480
Technical Sentiment Signal: Buy
Current Market Cap: HK$156M
See more data about 1546 stock on TipRanks’ Stock Analysis page.