Brief: China Tonghai International Financial Announces Possible Mandatory Unconditional Cash Offer

Quam Plus International Financial

16/09/2022 24:17

Sept 16 (Reuters) - China Tonghai International Financial
Ltd  0952.HK :
    * POSSIBLE MANDATORY UNCONDITIONAL CASH OFFER TO BUY ALL
ISSUED
SHARES IN CO
    * BOARD WAS INFORMED BY QUAM TONGHAI HOLDINGS THAT ON 15
SEPT IT
ENTERED INTO DEED OF SHARE PURCHASE
    * QUAM TONGHAI HAS CONDITIONALLY AGREED TO PURCHASE 4.10
BILLION
SHARES OF CO
    * CONSIDERATION IS HK$819.7 MILLION IN AGGREGATE, EQUIVALENT
TO
HK$0.2 PER SHARE

Source text for Eikon:  ID:nHKS4fstCw 
Further company coverage:  0952.HK 

 ((Reuters.Briefs@thomsonreuters.com;))