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Huarui Initiates Compulsory Acquisition of CPMC Holdings Limited

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Huarui Initiates Compulsory Acquisition of CPMC Holdings Limited

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CPMC Holdings Limited ( (HK:0906) ) has provided an announcement.

CPMC Holdings Limited, operating in Hong Kong, has announced a compulsory acquisition process by Huarui Fengquan Development Limited. On 13 February 2025, Huarui sent Compulsory Acquisition Notices to the remaining minority shareholders, with the acquisition expected to finalize on 17 April 2025, barring any legal objections. This move follows Huarui’s acquisition of over 90% of CPMC shares, allowing them to privatize the company, impacting the remaining shareholders who will be compensated at a price of HK$7.21 per share.

More about CPMC Holdings Limited

YTD Price Performance: 0.58%

Average Trading Volume: 1,125

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €980.2M

For an in-depth examination of 0906 stock, go to TipRanks’ Stock Analysis page.

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