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BWI INT'L: LUXSHARE PRECISION May Become Ultimate Controlling Shareholder; Trading in Company Shrs Resumes Today
BWI INT'L (02339.HK) announced that the Company was informed by the BWI Group, the controlling shareholder of the Company, that on 31 March 2026, the Vendors, the Guarantor, Lu...
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BWI INT'L: LUXSHARE PRECISION May Become Ultimate Controlling Shareholder; Trading in Company Shrs Resumes Today
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BWI INT'L (02339.HK)  -0.790 (-8.672%)   announced that the Company was informed by the BWI Group, the controlling shareholder of the Company, that on 31 March 2026, the Vendors, the Guarantor, Luxshare Precision and the BWI Group entered into a sale and purchase agreement, pursuant to which Luxshare Precision (002475.SZ)  -4.750 (-5.926%)   conditionally agreed to acquire the entire equity interest in the BWI Group.

At the moment, the BWI Group holds more than 50% of the issued voting shares of BWI BJ, while BWI BJ, through its wholly-owned subsidiary, is interested in a total of 769 million Shares, representing approximately 59.5% of the total issued Shares.

In the event that the Potential Acquisition materializes, Luxshare Precision will indirectly hold 59.5% of the total issued Shares and become the ultimate controlling shareholder of the Company.

Trading in the Company's shares has resumed on the Stock Exchange of Hong Kong from 9:00 a.m. today.
(HK stocks quote is delayed for at least 15 mins.) (A Shares quote is delayed for at least 15 mins.)

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