Hengdeli Holdings Announces Share Partial Offer

Hengdeli Holdings (HK:3389) has released an update.

Hengdeli Holdings Limited has announced a voluntary conditional cash partial offer for 660,602,843 shares by Guotai Junan Securities on behalf of Empire Charm Limited, targeting qualifying shareholders. Shareholders are encouraged to carefully review the Composite Document, which includes the offer terms, recommendations, and independent advice, set to be dispatched on July 4, 2024. The partial offer acceptance period opens on the same day with the first closing date on August 1, 2024, and potential changes to the timetable will be announced as necessary.

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