Ling Yui Holdings Limited (HK:0784) has released an update.
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Ling Yui Holdings Limited and Reach Goal Development Limited have announced the dispatch of a composite document detailing a mandatory unconditional cash offer for Ling Yui Holdings’ issued shares, excluding those already owned by the Offeror’s concert group. The document, sent to shareholders on August 22, 2024, provides a timeline for the offer, advice from the Independent Board Committee, and financial guidance. Shareholders have until September 12, 2024, to respond to the offer.
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