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Wade Investment Acquires Majority Stake in Hang Sang (Siu Po) International

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Wade Investment Acquires Majority Stake in Hang Sang (Siu Po) International

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Hang Sang (Siu Po) International Holding Co. Ltd. ( (HK:3626) ) has issued an update.

Hang Sang (Siu Po) International Holding Co. Ltd. has completed a significant transaction with Wade Investment SPC Ltd, which now owns 75% of Hang Sang’s shares. Following this acquisition, Wade Investment is required to make a mandatory unconditional cash offer for the remaining shares, in compliance with the Takeovers Code. This development could potentially impact Hang Sang’s market positioning and shareholder dynamics.

More about Hang Sang (Siu Po) International Holding Co. Ltd.

Average Trading Volume: 1,956,768

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.44B

Learn more about 3626 stock on TipRanks’ Stock Analysis page.

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