Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Zhongshen Jianye Holding Limited ( (HK:2503) ) has provided an announcement.
Zhongshen Jianye Holding Limited has announced a major transaction involving the acquisition of a target company through the issuance of consideration shares. The acquisition, valued at HK$213,574,999.94, will be completed by issuing shares at HK$0.53 each. This transaction is classified as a major one under the Listing Rules, requiring shareholder approval. A circular with more details will be sent to shareholders by December 31, 2025. The acquisition’s completion is contingent upon fulfilling certain conditions, and there is no guarantee it will proceed.
The most recent analyst rating on (HK:2503) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Zhongshen Jianye Holding Limited stock, see the HK:2503 Stock Forecast page.
More about Zhongshen Jianye Holding Limited
Average Trading Volume: 11,459,485
Technical Sentiment Signal: Sell
Current Market Cap: HK$415.1M
For an in-depth examination of 2503 stock, go to TipRanks’ Overview page.