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China Financial Leasing Group Ltd ( (HK:2312) ) has shared an update.
China Financial Leasing Group Limited has announced a series of conditional agreements involving the sale and purchase of its shares by Longling Capital Ltd. The transactions result in Longling Capital Ltd acquiring approximately 34.96% of the company’s shares, triggering a mandatory conditional cash offer for the remaining shares. The offer price is set at HK$0.38 per share, matching the purchase price in the agreements. The offer is contingent upon Longling Capital Ltd and its affiliates securing more than 50% of the company’s voting rights. The company aims to maintain its listing status on the Hong Kong Stock Exchange, ensuring sufficient public float post-offer.
More about China Financial Leasing Group Ltd
Average Trading Volume: 453,822
Technical Sentiment Signal: Buy
Current Market Cap: HK$116.2M
For an in-depth examination of 2312 stock, go to TipRanks’ Overview page.