Hang Chi hldg (08405.HK) submitted a privatization offer: a cancellation price of HK$0.70 per share, representing a premium of 14.75% over the market price.

Grondlock November 6th | Hang Chi Hldg (08405.HK) announced that on October 24, 2024, the offeror Hang Chi Development Investment Limited proposed privatizing Hang Chi Hldg Ltd. through a scheme arrangement (pursuant to Section 86 of the Companies Act). The plan involves cancellation and elimination of the planned shares, with the offeror paying the cancellation price to the planned shareholders, while issuing an equivalent number of new shares to the offeror. The cancellation price per planned share is HK$0.70, representing a premium of approximately 14.75% over the closing price per share of HK$0.61 on the last trading day. As of the announcement date, the company's registered capital is HK$10 million.

Gelonghui FinanceNov 6, 2024 09:11

hang chi hldg (08405) received a premium of about 14.75% from hang chi development for privatization. Resumed trading on November 6.

hang chi hldg (08405) and the offeror, Hangchi Development Investment Co., Ltd., jointly announced on October 24, 2024...

Zhitong FinanceNov 6, 2024 08:38

hang chi hldg (08405) will be suspended from trading starting October 25 for a brief period, awaiting the publication of insider information.

hang chi hldg (08405) announced that the company's shares will be suspended from 9 am on Friday, October 25, 2024...

Zhitong FinanceOct 25, 2024 08:48

Hang Chi Holdings (08405) has entered into a lease agreement with Zhongfei Limited.

Hang Chi Holdings (08405) announced that on May 9, 2024 (after the trading session), the lessee (Ruian Guard...

Zhitong FinanceAug 29, 2024 23:08

HANG CHI HLDG: INTERIM REPORT 2024

HKEXAug 14, 2024 17:14 · Announcements

Hang Chi Holdings (08405) released its interim performance results, with net income of 14.236 million Hong Kong dollars, representing a year-on-year increase of 45.24%.

Hang Chi Holdings (08405) released its interim performance for the six months ending June 30, 2024, with a group revenue of 1.1...

Zhitong FinanceAug 7, 2024 17:15