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The latest update is out from Ping An Healthcare and Technology Company ( (HK:1833) ).
Ping An Healthcare and Technology Company Limited announced a significant change in its shareholding structure due to the issuance of new shares under a Scrip Dividend Scheme. The company will become an indirect non-wholly-owned subsidiary of Ping An Group, with its financial results to be consolidated into Ping An Group’s financial statements. Consequently, a mandatory unconditional cash offer will be made to acquire all issued shares not owned by the Offeror and to cancel all outstanding options, with UBS acting on behalf of the Offeror.
More about Ping An Healthcare and Technology Company
YTD Price Performance: 4.11%
Average Trading Volume: 591
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $901M
See more insights into 1833 stock on TipRanks’ Stock Analysis page.
