Cm hi-tech (02115) is now up more than 5%, as of the time of publication, it is up 5.31%, trading at 0.238 Hong Kong dollars, with a turnover of 2.3989 million Hong Kong dollars.
According to the Wise financial APP, cm hi-tech (02115) is now up more than 5%, as of the time of publication, it is up 5.31%, trading at 0.238 Hong Kong dollars, with a turnover of 2.3989 million Hong Kong dollars.
On the news front, on the evening of October 14th, Meike Technology announced plans to strengthen synergies between different businesses by designating its wholly-owned subsidiary Meike Hong Kong Holdings to acquire cm hi-tech. The cash offer is HK$0.25 per share, a premium of 25% over the closing price before the suspension on October 8, with a maximum cash consideration of approximately HK$0.239 billion. Once effective, the company will apply to the Stock Exchange for the withdrawal of the listing status of the shares. Currently, the offeror and its concert parties collectively hold 55.27% of the company's shares.