Brief: Qinqin Foodstuffs Group (Cayman)Says Sure Wonder Intends To Buy Shares Of Co Not Already Owned

Qinqin Foodstuffs Cayman

08/04/2021 14:15

April 8 (Reuters) - Qinqin Foodstuffs Group (Cayman) Company
Ltd  1583.HK :
    * DELOITTE CORPORATE FINANCE ON BEHALF OF SURE WONDER WILL
MAKE
OFFER TO BUY CO'S SHARE SHARES NOT ALREADY OWNED
    * OFFER PRICE HK$2.23/SHARE IN CASH
    * AS AT DATE, SURE WONDER IS INTERESTED IN 248.3 MILLION
SHARES OF
CO, REPRESENTING 32.89% STAKE
    * ASSUMING NO OFFER OPTIONS ARE EXERCISED, VALUE OF OFFER
WILL BE
ABOUT HK$906.1 MILLION
    * OFFEROR INTENDS TO MAINTAIN CO'S LISTING ON STOCK EXCHANGE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6v4cX3
Further company coverage:  1583.HK 

 (Reuters.Briefs@thomsonreuters.com)