公司已向联交所申请股份自2024年11月25日(星期一)上午九时正起恢复于联交所买卖。Gelonghui, November 22丨Rongxin RONSHINE SERV (02207.HK) announced that the offeror privatize RONSHINE SERV Group Co., Ltd. by means of an agreement arrangement in accordance with section 86 of the Cayman Islands Companies Act. The offender Rongxin Yipin Co., Ltd. and the respective boards of directors of the company jointly announced that on November 15, 2024, the offender requested the board of directors to submit a proposal to the planned shareholders to privatize the company in a planned manner. If the proposal is approved and implemented, it will cause the offeror to privatize the company and withdraw the listed status of the shares on the Stock Exchange in accordance with section 86 of the Company Law.
If the proposal is approved and implemented, according to the plan: (a) all 133,104,000 plan shares held by the plan shareholders will be cancelled and eliminated on the effective date, at the cost of cancellation price (i.e. HK$0.60 per cancelled and removed plan share), to be paid in cash; (b) when cancelling the plan shares, the company's issued share capital will also be maintained as paid shares through an account listing equal to the number of cancelled and removed plan shares to the offeror. The reserves recorded in the company's books due to the cancellation and removal of the planned shares will be used to pay in full the new shares so issued to the offeror at face value; (c) after the plan comes into effect, the company will apply to the Stock Exchange to withdraw the listed status of the shares on the Stock Exchange in accordance with section 6.15 of the Listing Rules, effective from the effective date.
Ligao has been appointed as an independent financial advisor to advise the Independent Board Committee on the terms of the proposals and plans. The Independent Board Committee has approved a high degree of appointment. After the plan comes into effect, all planned shares will be cancelled and removed (at the same time, an equal number of new shares will be issued to the offeror and recorded as fully paid), and the shares of the planned shares will no longer have the effect of ownership documents or certificates thereafter. The company will apply for cancellation of the listing status of its shares on the Stock Exchange in accordance with section 6.15 of the listing rules, with effect from the effective date.
The company has applied to the Stock Exchange to resume trading on the Stock Exchange starting at 9:00 a.m. on November 25, 2024 (Monday).
