Xingda International Holdings (HK:1899) has released an update.
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Xingda International Holdings has announced the dispatch of a composite document detailing a voluntary conditional cash offer by Great Trade Limited to acquire all issued shares not already owned by the latter. This move, advised by Shenwan Hongyuan Capital, marks a strategic financial maneuver in the market and provides shareholders with a comprehensive overview of the offer, expected timetable, and advisory letters.
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