Picture of Xin Yuan Enterprises logo

1748 — Xin Yuan Enterprises News Story

0.000.00%
hk flag iconLast trade - 00:00
EnergyHighly SpeculativeMicro Cap

Brief: Xin Yuan Enterprises Says Ocean Vivo To Make Pre-Conditional Voluntary Cash Offer

BRIEF-Xin Yuan Enterprises Says Ocean Vivo To Make Pre-Conditional Voluntary Cash Offer

- Xin Yuan Enterprises Group Ltd 1748.HK:

  • OCEAN VIVO TO MAKE PRE-CONDITIONAL VOLUNTARY CASH OFFER FOR ALL ISSUED SHARES

  • OFFER PRICE IS HK$2.21 IN CASH PER SHARE

  • ON 19 AUGUST, OFFEROR NOTIFIED CO OF FIRM INTENTION TO MAKE CASH OFFER

  • OFFEROR INTENDS TO MAINTAIN LISTING AND ENSURE SUFFICIENT PUBLIC FLOAT AFTER OFFER CLOSE

  • AGGREGATE AMOUNT PAYABLE BY OFFEROR UNDER OFFER HK$771 MILLION

Further company coverage: 1748.HK


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

Recent news on Xin Yuan Enterprises

See all news