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LFG Investment Holdings Limited ( (HK:3938) ) has shared an update.
LFG Investment Holdings Limited and Fortune Origin International Capital (Holdings) Limited issued a joint update on the proposed mandatory unconditional cash offers for all LFG shares not already owned by the offeror and for the cancellation of all outstanding options. The parties confirmed that none of the conditions to the share purchase agreement have yet been satisfied or waived, with completion pending regulatory approval from the Securities and Futures Commission for the change of controlling shareholders of LFG’s licensed subsidiaries.
The Hong Kong takeover regulator has already granted a waiver extending the deadline for sending the composite offer document to a date tied to completion or to early July 2026, whichever is earlier. LFG cautioned independent shareholders, optionholders and potential investors that the offers will only proceed if completion occurs, and urged market participants to exercise extreme caution when dealing in its securities until further announcements are made.
More about LFG Investment Holdings Limited
LFG Investment Holdings Limited is a Hong Kong-listed financial services group focused on securities brokerage, capital markets and related investment services. The company operates through licensed subsidiaries overseen by the Securities and Futures Commission, with its ownership structure subject to regulatory approval when controlling shareholders change.
Average Trading Volume: 271,832
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.82B
For an in-depth examination of 3938 stock, go to TipRanks’ Overview page.