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China Longevity Announces Pre-Conditional Partial Offer for Shares

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China Longevity Announces Pre-Conditional Partial Offer for Shares

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China Longevity Group Co. Ltd. ( (HK:1863) ) just unveiled an update.

China Longevity Group Co. Ltd. announced that Alternative Liquidity Index, LP intends to make a pre-conditional voluntary cash partial offer to acquire up to 10% of the company’s issued shares. The Offeror has applied for consent and a waiver from the Securities and Futures Commission, which has indicated a positive response. An Independent Board Committee and an Independent Financial Adviser will be established to assess the fairness and reasonableness of the offer for the shareholders.

More about China Longevity Group Co. Ltd.

China Longevity Group Co. Ltd. is a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The company operates in the financial industry and is involved in securities trading and related services.

Learn more about 1863 stock on TipRanks’ Stock Analysis page.

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