Bright Future Technology Holdings Announces Cash Offer by Swift Ascent Limited
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Bright Future Technology Holdings Limited (HK:1351) has announced a mandatory unconditional cash offer by Swift Ascent Limited, facilitated by Fuze Securities, to acquire all issued shares of the company, excluding those already owned by Swift Ascent and its concert parties. The offer runs from October 24, 2025, to November 14, 2025, with results announced on the closing day. The Independent Board Committee has provided a recommendation, and the Independent Financial Adviser has given advice. The current analyst rating for HK:1351 is a Hold with a price target of HK$0.50.
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