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GAPACK (00468.HK) was suspended from trading this morning.
On February 19, Gelonghui reported that GAPACK (00468.HK) announced that the trading of its shares will be suspended starting today (February 19, 2025) at 9:00 AM.
GAPACK (00468.HK): The offeror holds approximately 97.76% of the shares, offer deadline.
On February 18, Glonghui reported that GAPACK (00468.HK) announced that as of 4 PM on February 18, 2025, it had received a valid acceptance of the offer for 998,542,911 shares, accounting for approximately 70.96% of the shares issued as of the date of this announcement. After completing the transfer of the accepted shares to the offeror, the offeror and the parties acting in concert with the offeror will together hold 1,375,675,495 shares (accounting for approximately 97.76% of the shares issued as of the date of this announcement). The offeror announced that the offer will expire at 4 PM on February 18, 2025, and no amendments or extensions have been made.
GAPACK (00468.HK): requests to convene a special Shareholder meeting to appoint and remove Directors.
On February 10, Gelonghui reported that GAPACK (00468.HK) announced that on January 27, 2025, the Board of Directors received a written request from Jingfeng Holdings Limited ("Shareholder") dated January 27, 2025 ("Request Notice"). According to the Request Notice, this request is made by the Shareholder for the company's 1,034,367,584 ordinary shares (of which 657,235,000 shares are registered in the name of the Shareholder in the company's shareholder register, while the remaining shares are held through the Central Clearing and Settlement System ("Central Clearing System") (as of the date of the Request Notice, accounting for public.
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GAPACK (00468): The possible management buyout will not take place.
GAPACK (00468) released an announcement, the management has informed the Board of Directors that due to a hostile takeover bid on January 2, 2025...
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