Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest announcement is out from Greentech Technology International Limited ( (HK:0195) ).
Mangkon Road Limited, through its financial advisor Quam Capital Limited, announced a pre-conditional voluntary cash partial offer to acquire up to 204,900,000 shares of Greentech Technology International Limited, representing 15% of its issued share capital. The offer is priced at HK$0.14 per share and is contingent upon receiving consent from the Executive under the Takeovers Code. If successful, the total cash consideration for the acquisition would amount to HK$28,686,000. This move could potentially affect Greentech’s shareholder structure, although it is designed not to exceed a 30% stake, thereby not triggering a comparable offer requirement for outstanding options.
More about Greentech Technology International Limited
Greentech Technology International Limited operates in the technology sector, focusing on sustainable and environmentally friendly innovations. The company is positioned within a market that prioritizes green technology solutions.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €47.95M
For a thorough assessment of 0195 stock, go to TipRanks’ Stock Analysis page.
