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SUNWAY INT'L (00058.HK): 0.183 million offer shares have been validly accepted. Offer deadline.
On December 27, Gelonghui reported that SUNWAY INT'L (00058.HK) announced that the offer has closed at 4:00 PM on December 27, 2024, without any revisions or extensions. As of 4:00 PM on December 27, 2024, the offeror has received valid acceptances for 182,860 offer shares, accounting for approximately 0.08% of the total number of shares issued as of the date of this joint announcement. The offeror has not received any valid acceptances regarding the exchangeable bonds offer. Taking into account the valid acceptances received for the offer shares and the shares owned by the offeror and its concert parties, the offeror and its concert parties have.
SUNWAY INT'L (00058.HK) appointed Zeng Aoyan as an independent non-executive Director.
Gelonghui, December 24丨SUNWAY INT'L (00058.HK) announced that Zeng Aoyan has been appointed as an independent non-executive Director, as well as a member of the Audit Committee and Nomination Committee, effective from December 24, 2024.
Sunway International announced that trading will resume on the morning of December 12
SUNWAY INT'L (00058) announced that the company's shares will resume trading from 9:00 AM on December 12, 2024.
Zhan Peizhong, the controlling shareholder of Xinwei International (00058), was convicted without affecting the resumption of trading on December 12
Xinwei International (00058) announced that trading of the company's shares will resume at 9 a.m. on December 12, 2024.
The resumption of trading, SUNWAY INT'L (00058.HK) major shareholder Cheung Pui Chung has been convicted, which does not affect the acquisition offer.
Xinhua International (00058.HK) announced on December 9 that the court found the co-sponsor and controlling shareholder Zhan Pei-Chung guilty of two counts of conspiracy to commit fraud and breach of common law. THE COMPANY AND THE CONTRACTOR ACKNOWLEDGE THAT THE ABOVE WILL NOT AFFECT THE ACQUISITION AGREEMENT.
Sunway Int'l (00058.HK) fell over 55% and was suspended in the afternoon.
Sunway Int'l (00058.HK) stated that trading on the Stock Exchange will be temporarily suspended from 1:00 pm on December 9 (Monday) to await the publication of an announcement regarding insider information of the company. The stock price dropped by 55.22% before the trading suspension, closing at $0.3. A total of 8.8112 million shares were traded, involving $3.411 million.
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