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Howkingtech Acquisition by Home Office Development Completed
Company Announcements

Howkingtech Acquisition by Home Office Development Completed

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The latest announcement is out from Howkingtech International Holding Limited ( (HK:2440) ).

Howkingtech International Holding Limited, listed on the Hong Kong Stock Exchange, has announced that Home Office Development Limited has completed the acquisition of approximately 70.11% of its total issued share capital. The acquisition, valued at approximately HK$140.2 million, triggers mandatory unconditional cash offers by Lego Securities, on behalf of Home Office Development, to acquire all remaining shares and cancel outstanding share options, as per the Takeovers Code. This strategic move is expected to have significant implications for Howkingtech’s future operations and market position.

More about Howkingtech International Holding Limited

YTD Price Performance: 17.14%

Average Trading Volume: 60,049

Technical Sentiment Consensus Rating: Buy

See more data about 2440 stock on TipRanks’ Stock Analysis page.

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