tiprankstipranks
AsiaInfo Technologies Adjusts Share Transfer Deal
Company Announcements

AsiaInfo Technologies Adjusts Share Transfer Deal

AsiaInfo Technologies Limited (HK:1675) has released an update.

Don't Miss Our Christmas Offers:

AsiaInfo Technologies Limited has announced an adjustment in the share transfer consideration between a substantial shareholder and AsiaInfo Security due to market condition changes. The new agreement sets the share price at HK$7.70, with a final dividend adjustment bringing the transaction to approximately HK$1,311.2 million. The completion date for the transaction has also been extended, with regulatory approvals still pending.

For further insights into HK:1675 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskAsiaInfo Technologies Sets New Annual Cap for 2024
TipRanks HongKong Auto-Generated NewsdeskAsiaInfo Technologies Partners with AsiaInfo Security for 2024
TipRanks HongKong Auto-Generated NewsdeskAsiaInfo Technologies Restructures Board and Shareholding
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App