ESR Group Limited ( (HK:1821) ) has issued an update.
ESR Group Limited, incorporated in the Cayman Islands, is currently undergoing a pre-conditional proposal to privatize the company through a scheme of arrangement. The announcement provides an update on the status of pre-conditions necessary for the proposal, noting that approvals from the New Zealand Overseas Investment Office and the SFC have been obtained. However, approvals from the Treasurer of the Commonwealth of Australia and the Shanghai Municipal Financial Regulatory Bureau are still pending. The company and the offeror are actively working to fulfill these outstanding pre-conditions and will keep stakeholders informed of any significant developments.
More about ESR Group Limited
YTD Price Performance: 3.02%
Average Trading Volume: 7,498,180
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$52.22B
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