Summary by Moomoo AI
COFCO Packaging Holdings Co., Ltd. ("COFCO Packaging") announced on July 9, 2024 that Somerley Capital Limited has been appointed as an independent financial advisor to provide advice on the acquisition offer (the "Huarui Offer") made by Huarui Fengquan Development Co., Ltd. This appointment is in accordance with the joint announcement previously released on June 7 and June 11, 2024, and follows Rule 2.1 of the Takeovers Code. Somerley Capital will provide independent opinions on whether the Huarui Offer is fair and reasonable and whether the shareholders should accept the offer. COFCO Packaging reminds shareholders and potential investors that the Huarui Offer is not yet certain and advises caution when trading the company's securities. The company will update the latest situation of the Huarui Offer at the appropriate time.