Metals X Limited Closes Partial Offer for Greentech Shares

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Metals X Limited ( (AU:MLX) ) just unveiled an announcement.

Metals X Limited announced the closure of its voluntary cash partial offer to acquire shares in Greentech Technology International Limited. The offer, which aimed to purchase up to 382,480,000 shares at HK$0.35 per share, received acceptances for only 42,417,600 shares, representing approximately 3.11% of Greentech’s issued share capital. The company’s Non-Executive Chairman expressed disappointment with the outcome and indicated ongoing monitoring of Greentech’s suspension status, as the Hong Kong Stock Exchange may cancel listings suspended for over 18 months, with Greentech’s deadline approaching in March 2026.

The most recent analyst rating on (AU:MLX) stock is a Hold…

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