Hengdeli’s Share Acquisition Offer Awaits Final Approval

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

Hengdeli Holdings Limited has announced that their conditional voluntary cash partial offer, managed by Guotai Junan Securities (Hong Kong) Limited, to acquire approximately 15% of its shares has met the acceptance condition with over 15.54% of shares committed. However, the offer is still pending approval from independent shareholders and will remain open for acceptances and approvals for at least 14 days following the first closing date per takeover rules.

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