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China Longevity Group Forms Independent Board Committee for Partial Offer Evaluation

Story Highlights
  • China Longevity Group has formed an independent board committee to assess a Partial Offer.
  • The company appointed joint financial advisers to guide the committee on the offer’s fairness.
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China Longevity Group Forms Independent Board Committee for Partial Offer Evaluation

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China Longevity Group Co. Ltd. ( (HK:1863) ) has shared an update.

China Longevity Group Company Limited has established an independent board committee composed of independent non-executive directors to evaluate a Partial Offer made by Alternative Liquidity Index, LP. The company has also appointed Silverbricks Securities Company Limited and VBG Capital Limited as joint independent financial advisers to guide the committee on the fairness and reasonableness of the offer. Trading of the company’s shares remains suspended since 2013, with no current plans for delisting.

More about China Longevity Group Co. Ltd.

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