bullish
Midea Real Estate (3990 HK): Divesting Property Development Business (Cash Option At 57% Premium)
222 Views24 Jun 2024 10:14
Midea Real Estate (3990 HK) announced last night a proposal for distribution of the property development business to shareholders. The cash alternative at HKD5.90 is a 57% premium to last close.
What is covered in the Full Insight:
- Introduction
- Details of the Proposal
- Financial Implications
- Comparative Analysis
- Conclusion
SUMMARY
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Full Insight
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Steve Zhou, CFA
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- Midea Real Estate (3990 HK): Divesting Property Development Business (Cash Option At 57% Premium)24 Jun 2024
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