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Chen Miaoping's Partial Offer for Elife Closes With 5% Stake
ELIFE HLDGS (00223.HK): 80.187 million offer shares have been effectively accepted.
On March 25, Gronghui reported that ELIFE HLDGS (00223.HK) announced that the partial acquisition offer will expire on March 25, 2025 (the final deadline). As of 4:00 p.m. on the final deadline, the offeror had received valid acceptances from eligible Shareholders for 20 offers of 80,187,370 shares, which accounts for approximately 5.91% of the shares held by eligible Shareholders as of this announcement date. This resulted in the offeror and its concert parties holding more than 5% of the issued shares' rights as of 4:00 p.m. on the final deadline. After the deadline for the partial acquisition offer,
ELIFE HLDGS (00223): Lin Qiucheng has been appointed as a member of the independent investigation committee.
ELIFE HLDGS (00223) released an announcement stating that in order for the company to flexibly raise funds quickly and effectively when suitable opportunities arise...
Elife Holdings Partial Cash Offer Receives Required Valid Acceptances; Becomes Unconditional
ELIFE HLDGS (00223.HK): Some acquisition offers have become unconditional in all aspects.
On March 11, Gelonghui announced that ELIFE HLDGS (00223.HK) had received valid acceptance of 16 from eligible Shareholders for 75,703,810 offer shares under the partial acquisition offer, representing approximately 5.58% of the shares held by eligible Shareholders as of the announcement date (which has extended the initial deadline). This led to the offeror and its concert parties holding more than 5.00% of the issued shares' rights as of or before 4:00 PM on the extended initial deadline; and the conditions have been met, making the partial acquisition offer unconditional in all respects.
Elife Shakes Up Board as Chairman Steps Down
