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Enviro Energy International Holdings Limited ( (HK:1102) ) has provided an update.
Enviro Energy International Holdings Limited has announced a significant acquisition of its shares by Amethyst Asia Limited. The acquisition involves five Sale and Purchase Agreements totaling 709,045,226 shares, representing approximately 49.26% of the company’s issued share capital. As of the announcement date, the completion of the sale and purchase of 680,514,345 shares has been confirmed, with the remaining shares expected to be finalized by early February 2025. This acquisition has triggered a mandatory conditional cash offer by Beta International Securities Limited, on behalf of Amethyst Asia Limited, for all shares not already owned by the offeror. The transaction highlights a strategic shift in ownership and may affect the company’s market positioning.
More about Enviro Energy International Holdings Limited
YTD Price Performance: 10.0%
Average Trading Volume: 14,623,737
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$95M
For detailed information about 1102 stock, go to TipRanks’ Stock Analysis page.
