Bright Smart Warns of Further Delay and Uncertainty in Mandatory Cash Offer
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Bright Smart Securities & Commodities Group Limited has announced a delay in the mandatory cash offer for its shares, with only two completion conditions met and key regulatory clearances still pending. The mailing date for the offer document has been extended to April 20, 2026, creating uncertainty for shareholders. Investors are advised to monitor future announcements before deciding on tendering their shares. The current analyst rating for the stock (HK:1428) is a Hold with a price target of HK$9.00.
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