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RIMBACO (01953.HK) Control Stake Changes Hands at 74.3% Discount, Triggers General Offer; Resumes Trading Monday
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RIMBACO (01953.HK) announced that its former controlling shareholder, RBC Venture, has transferred a 75% stake to an independent third party, Shenzhen Shengtun (the Offeror), involving 945 million shares for a total consideration of HKD157.5 million, equivalent to HKD0.167 per share. Upon completion, a mandatory general offer will be made at a cash price of HKD0.167 per share, representing a 74.31% discount to the closing price before the trading suspension. Upon the close of the offer, the Offeror intends to maintain the listing status of the company. Trading in the companys shares has applied to resume on Monday (27th). (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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