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UBA Investments Ltd. ( (HK:0768) ) has issued an update.
UBA Investments Ltd. has announced that a mandatory conditional cash offer by Upbest Securities Company Limited, on behalf of Knight Sky Holdings Limited, to acquire all issued shares not already owned by the offeror has become unconditional. This development means that Knight Sky Holdings Limited and its concert parties now hold approximately 64.77% of UBA Investments’ share capital, surpassing the 50% threshold required to make the offer unconditional, potentially impacting the company’s control and shareholder dynamics.
More about UBA Investments Ltd.
UBA Investments Ltd. is a company incorporated in the Cayman Islands with limited liability, primarily focused on investment activities. The company is listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 6,816,166
Technical Sentiment Signal: Buy
Current Market Cap: HK$52.14M
Learn more about 0768 stock on TipRanks’ Stock Analysis page.