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 Oct 8 (Reuters) - 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 newsBrief: Xin Yuan Enterprises Says Ocean Vivo To Make Pre-Conditional Voluntary Cash Offer
Brief: Xin Yuan Enterprises Says Chen Jiagan Ceases To Be Exec Director
Brief: Xin Yuan Enterprises Says Chair & Executive Director Chen Jiagan Suspended From Participating In Forensic Investigation, Others
Brief: Xin Yuan Enterprises Says Xu Wenjun Steps Down As Chief Executive Officer
Brief: Xin Yuan Enterprises Appoints Tang Xuming As Executive Director