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Rimbaco Group Global Limited ( (HK:1953) ) has issued an update.
Rimbaco Group Global Limited and Aureole Halo Limited issued a clarification stating that a clerical error was found in the Chinese version of a recent joint announcement regarding the ongoing mandatory unconditional cash offer for Rimbaco’s shares. The corrected percentage figure, cited under a specific paragraph in the Chinese text, does not affect the English version, which was accurate, and all other information in both language versions remains unchanged.
The parties emphasized that only this isolated numerical error required correction and confirmed that no other details of the transaction terms or disclosures have been altered. Both the Offeror’s and the Vendor’s ultimate beneficial owners formally accepted responsibility for the accuracy of the joint clarification, aiming to reassure shareholders and the market that the documentation surrounding the takeover process is reliable apart from the rectified figure.
More about Rimbaco Group Global Limited
Rimbaco Group Global Limited is a Hong Kong-listed company currently subject to a mandatory unconditional cash offer by Aureole Halo Limited, a Cayman Islands-incorporated investment vehicle. The offer is being arranged through CMB International Capital Limited and CEB International Capital Corporation Limited, targeting all issued shares not already held by Aureole Halo and its concert parties.
Average Trading Volume: 4,431,681
Technical Sentiment Signal: Buy
Current Market Cap: HK$819M
For detailed information about 1953 stock, go to TipRanks’ Stock Analysis page.