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ASMPT Limited Considers Preliminary Takeover Approach
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ASMPT Limited Considers Preliminary Takeover Approach

ASM Pacific Technology (HK:0522) has released an update.

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ASMPT Limited has made a public announcement regarding a non-binding, preliminary approach from an independent third party interested in the potential privatisation of the company, though no agreement has been reached. The company will provide monthly updates in line with the Hong Kong Code on Takeovers and Mergers, and has commenced an offer period where associates are required to disclose dealings in the company’s securities. Investors are cautioned that there is no certainty the privatisation will occur and to be prudent in their dealings with ASMPT’s securities.

For further insights into HK:0522 stock, check out TipRanks’ Stock Analysis page.

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