3SBio Shareholders Back Spin-Off Dividend of Mandi Inc. Shares
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3SBio shareholders have approved a resolution to distribute all shares of subsidiary Mandi Inc. as a special dividend, with 99.995% support at an extraordinary general meeting on April 23, 2026. This move aims to advance the spin-off strategy and reshape the company's capital structure. The board has been granted authority to determine distribution mechanics, reflecting strong investor backing. The latest analyst rating for 3SBio (HK:1530) is a Hold with a price target of HK$29.43, and the company operates in the biopharmaceutical sector with a market cap of HK$62.99B.
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