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China Tontine Wines Announces Board Reshuffle
Tontine Wines: The offeror has received valid acceptance of 40.9258 million tendered shares.
Tontine Wines (00389) announced that at 4 pm on the first deadline of the announcement, the offeror has received valid acceptance from qualified shareholders under the partial acquisition offer for 40.9258 million shares of the offer shares. The offer shares account for approximately 13.57% of the shares held by qualified shareholders as of the announcement date. This resulted in the offeror and its concert parties holding more than 10% of the issued shares before or at 4 pm on the first deadline (Hong Kong time), and the conditions for the partial acquisition offer have been fulfilled and it has become unconditional in all respects.
China Tontine Wines' Shares Partial Offer Succeeds
Tontine Wines (00389): The offeror has received valid acceptance of 40.9258 million shares of the tendered shares.
Tontine Wines (00389) announced that as of 4 pm on the first deadline of the day of this announcement, the offeror has...
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