Pentamaster Being Sued By UK Based Ocado Group

Business TodayDec 30 22:07

Hong Kong stocks are moving differently | With a premium privatization, PENTAMASTER resumed trading and surged over 16%, having previously risen consecutively before the suspension.

On December 20, Gelonghui reported that PENTAMASTER (1665.HK) resumed trading today, soaring over 16% to reach 0.94 HKD, a new high for the past 11 months, with a total market value of 2.23 billion HKD. The stock had been consistently rising before its suspension, with a cumulative increase of over 45% during the month. In news, the company and the offeror Puga Holdings Limited, along with Pentamaster Corporation Berhad, jointly announced that on December 19, 2024, the joint offeror entered into a framework agreement with the company, under which the joint offeror requested the Board of Directors to address the shareholders of the planned shares.

Gelonghui FinanceDec 20 14:19

PENTAMASTER announced that trading will resume starting from the morning of December 20.

PENTAMASTER (01665) announced that the company has applied to the Stock Exchange for the resumption of trading of its shares at 9:00 AM on December 20, 2024.

Sina Hong Kong Stock MarketDec 20 08:57

MRCB, Pentamaster, UEM Sunrise, Mah Sing, S P Setia, Mynews, UWC, Aeon Credit, United Malacca, Vestland, Uzma, Bonia, Catcha Digital, Southern Steel

The Edge MarketsDec 20 00:08

PENTAMASTER (01665.HK) major Shareholder proposes privatization at a price of 1 yuan per share.

PENTAMASTER (01665.HK) announced that Puga and PCB (joint offerors) proposed to privatize the company through a plan arrangement, with a cancellation price of HKD 0.93 per share, along with a special dividend of HKD 0.07 declared as proposed, making the cash price per share HKD 1, representing a 25% premium compared to the last closing price before suspension. After the plan takes effect, the company's listing status on the Stock Exchange will be revoked. Currently, the joint offerors and concert parties collectively Hold 66.55% of the company's equity. The company's shares have applied for trading to resume on Friday (the 20th).

AASTOCKSDec 19 23:39

PENTAMASTER (01665) is privatized at a premium and will resume trading on December 20.

PENTAMASTER (01665) and the offeror Puga Holdings Limited, Pent...

Zhitong FinanceDec 19 18:14