Summary by Moomoo AI
Trad chi med Holdings Limited (00570.HK) announced on August 28, 2024 that its shares have been privatized through an agreement arrangement. According to Rule 22 of the Hong Kong Code on Takeovers and Mergers, the transaction executor disclosed the relevant securities trading information. CITIC Securities International Capital Management Limited settled a derivative instrument contract involving 100,000 shares on August 27, 2024, with a total transaction amount of $432,000. After the transaction, the company's shareholding was reduced to zero. The transaction was executed by CITIC Securities International Capital Management Limited for its own account and was related to the offeror.