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An announcement from Shandong Hi-Speed Holdings Group Limited ( (HK:0412) ) is now available.
Shandong Hi-Speed Holdings Group Limited has announced the dispatch of a composite document pertaining to a mandatory unconditional cash offer. This offer is made by Huatai Financial Holdings for and on behalf of the company to acquire all issued shares and cancel outstanding share options of Shandong Hi-Speed New Energy Group Limited. The document, which includes offer terms and recommendations from the independent board, was sent to shareholders and option holders on January 28, 2025. This move could potentially impact the company’s market position and shareholder value, reflecting strategic efforts to consolidate ownership and streamline operations.
More about Shandong Hi-Speed Holdings Group Limited
YTD Price Performance: -9.09%
Average Trading Volume: 3,374,058
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: HK$35.51B
Learn more about 0412 stock on TipRanks’ Stock Analysis page.
