Understanding the Market | GET NICE FIN reopened with a high increase of over 22%, receiving a premium of 39.5% from GET NICE Holdings for privatization
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GET NICE FIN resumed trading with a high opening of over 22%. As of the time of writing, it has risen by 22.5%, trading at HKD 0.98, with a transaction volume of HKD 482,200. In terms of news, GET NICE Holdings announced a proposal to privatize GET NICE FIN through an agreement arrangement, offering 4 shares of GET NICE Holdings for every 1 share, along with a planned dividend of HKD 0.5, which equates to a price of HKD 1.116 per share, representing a premium of 39.5% compared to GET NICE FIN's last closing price before suspension. Once effective, GET NICE FIN will apply to the Stock Exchange for the withdrawal of its listing status
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