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COFCO PACKAGING (00906): Zhou Yuan has been appointed as an executive director and has been appointed as the Chairman of the Board of Directors.
COFCO PACKAGING (00906) announced that effective March 21, 2025: Mr. Zhou Yuan will be transitioned from non-executive director...
COFCO PACKAGING (00906.HK) has been exempted from publishing its full-year results for 2024 by the Stock Exchange.
COFCO PACKAGING (00906.HK) announced that due to the anticipated delisting of its shares from the Stock Exchange, the company has applied to the Stock Exchange for a waiver from compliance with the provisions of Listing Rule 13.49(1) to publish its preliminary announcement of annual results for the year ending December 31, 2024, no later than March 31, 2024. The announcement stated that the waiver would not harm the rights of the remaining minority Shareholders, as they would need to present their shares under the compulsory acquisition price according to the mandatory takeover offer; there is no significant public interest for Shareholders in the company's financial status, given the mandatory takeover offer.
COFCO PACKAGING (00906.HK): Huarui sends compulsory acquisition notices to the remaining minority Shareholders.
Gelonghui reported on February 13 that COFCO PACKAGING (00906.HK) announced that regarding the privatization offer, on February 13, 2025, Huari sent a compulsory acquisition notice to the remaining minority shareholders. If no objection application is submitted to the court during the objection period, the compulsory acquisition is expected to be completed by April 17, 2025.
CPMC Expects Privatization to Complete April 17
COFCO PACKAGING (00906.HK) has received an off-market Shareholding of 19.4592 million ordinary shares from Peking Jinghe Packaging Manufacturing Co., Ltd. and its affiliates, valued at approximately 0.14 billion Hong Kong dollars.
On January 27, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 27, Peking Jinghe Packaging Manufacturing Co., Ltd. acquired 19.4592 million shares of COFCO PACKAGING (00906.HK) over-the-counter at an average price of HKD 7.21 per share on January 22, worth approximately HKD 0.14 billion. After the shareholding increase, Peking Jinghe Packaging Manufacturing Co., Ltd. has a total of 0.826 billion shares, with the shareholding ratio rising from 72.41% to 74.16%. This trade involves Other related parties: ORG Technology Co., Ltd., Zhou Yunjie, Beijing Huari Fengquan Management Consulting Co., Ltd., and Shanghai Yuanlong.
COFCO PACKAGING (00906.HK) received off-market Shareholding of 10.9093 million ordinary shares from Peking Huari Fengquan Management Consulting Co., Ltd. and its affiliates, valued at approximately 78.6561 million Hong Kong dollars.
On January 24, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on January 24, Beijing Huari Fengquan Management Consulting Co., Ltd. purchased 10,909,300 shares of COFCO PACKAGING (00906.HK) over-the-counter at an average price of HKD 7.21 per share on January 21, totaling approximately HKD 78.6561 million. After the increase, Beijing Huari Fengquan Management Consulting Co., Ltd. now holds 0.806 billion shares, and the proportion of good warehouse has risen from 71.43% to 72.41%. This Trade involves Other related parties: Shanghai Yuanlong Investment Holding (Group) Co., Ltd., Zhou Yunjie, and Beijing Jinghe.