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UTS Marketing Solutions Holdings Ltd. ( (HK:6113) ) has provided an announcement.
UTS Marketing Solutions Holdings Ltd. has observed unusual movements in its share price and trading volume, prompting an investigation into a potential transaction involving the sale of a 75% controlling stake by its major shareholders. The potential sale is being negotiated with independent third-party purchasers, which could lead to a mandatory general offer under the Takeovers Code if it proceeds. The company has not finalized any agreements yet, and the outcome remains uncertain. The board will provide monthly updates to keep the market informed.
More about UTS Marketing Solutions Holdings Ltd.
UTS Marketing Solutions Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the marketing solutions industry. The company is listed on the Stock Exchange of Hong Kong and is primarily engaged in providing marketing services, with a significant focus on the Asian market.
YTD Price Performance: 138.14%
Average Trading Volume: 149,121
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$924M
See more data about 6113 stock on TipRanks’ Stock Analysis page.