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Enviro Energy’s Cash Offer Concludes with Majority Stake Acquisition

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Enviro Energy’s Cash Offer Concludes with Majority Stake Acquisition

Enviro Energy International Holdings Limited ( (HK:1102) ) has shared an update.

Enviro Energy International Holdings Limited has announced the closure and results of a mandatory unconditional cash offer made by Beta International Securities Limited on behalf of Amethyst Asia Limited. The offer, which was not revised or extended, resulted in Amethyst Asia Limited and parties acting in concert with it acquiring a total of 722,075,726 shares, representing approximately 50.17% of the entire issued share capital of the company, thus making the offer unconditional.

More about Enviro Energy International Holdings Limited

YTD Price Performance: -6.67%

Average Trading Volume: 17,944,712

Technical Sentiment Signal: Buy

Current Market Cap: HK$82.04M

See more data about 1102 stock on TipRanks’ Stock Analysis page.

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