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OCFT Substantial Shareholder PING AN Proposes Privatization at HK$2.068/ Shr
Recommend 37 Positive 65 Negative 20 |
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OCFT (06638.HK) announced that its substantial shareholder, PING AN (02318.HK) (the offeror), proposed to privatize the company through a scheme of arrangement at a cash offer of HK$2.068 per share, representing a premium of 23.10% over the closing price on the previous trading day (15th). Following the effective date, the company will apply to the Hong Kong Stock Exchange to withdraw the listing status of its shares. Currently, the offeror and its concert parties collectively hold 32.12% of the company’s share capital. AASTOCKS Financial News Website: www.aastocks.com |
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