UTS Marketing Solutions shares surge amid potential takeover

UTS Marketing Solutions Holdings (HKEX:6113) has announced unusual price and trading volume movements, prompting a trading halt and a potential resumption on March 12, 2025. The company's board noted increased activity in its shares on March 10, 2025, and disclosed that major shareholders—Marketing Intellect (UTS) Limited, Marketing Talent (UTS) Limited, and Marketing Wisdom (UTS) Limited, collectively holding 75% of the company's issued share capital—are in discussions with potential purchasers regarding a potential sale. If the potential transaction materializes, it could trigger a mandatory unconditional general offer for all remaining shares under the Takeovers Code. The company advises shareholders and potential investors to exercise caution.