HK-listed Nature Home hits over 2-yr high on take-private offer

Reuters2021-07-28

** Shares of flooring and home decoration products maker Nature Home Holding Co Ltd rise 7.6% to HK$1.56, highest since April 2019

** Guangdong-based company says its 78.8% controlling shareholder, New Modern Home Ltd, has offered to take the company private for HK$1.70 per share, a 17.2% premium over the stock's last close of HK$1.45

** Company says it will delist from the Hong Kong bourse after the deal and plans to conduct a restructuring to prepare for a listing of all or part of its businesses in mainland China

** The Hong Kong Hang Seng Commerce & Industry Index slips 0.6, and the material index falls 3%

** The Hang Seng China Enterprises Index eases 0.1%, and the benchmark index slides 0.6%

** Stock up 38.1% this year, as of last close

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Comments

Lourdu
2021-07-29
Lourdu
Great
AyePwint
2021-07-28
AyePwint
Tell me your opinion about this news...
MuppyKoh
2021-07-28
MuppyKoh
Please like
ORNEGU
2021-07-28
ORNEGU
up ⬆️
MrMrsBean
2021-07-28
MrMrsBean
Please like and comment. Thanks
- WMIING:
  Return pls
seanisright
2021-07-28
seanisright
wow
- WMIING:
  Commwnt n likE plS

Leave a comment

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