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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.
Express News | Greatview Aseptic Packaging - Offeror Believes It Would Be Appropriate for Listing Status of Co to Be Retained
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...
Express News | Greatview Aseptic Packaging Co Ltd - Possible Management Offer Will Not Proceed.
GAPACK (00468.HK): The offer has become unconditional in all respects.
Gelonghui reported on January 21 that GAPACK (00468.HK) announced that on January 21, 2025, at 4:00 PM, it had received valid acceptance of an offer for 657,235,000 shares, accounting for approximately 46.71% of the shares issued as of the date of this announcement. Upon completion of the transfer of accepted shares to the offeror, the offeror and persons acting in concert with the offeror will collectively hold 1,034,367,584 shares (accounting for approximately 73.51% of the shares issued as of the date of this announcement). Therefore, the conditions of the offer (i) have been met. In addition, as of the date of this announcement, the conditions of the offer (ii) to (
New Giant Feng "A Eats Hong Kong" encounters obstacles again. GAPACK's Board of Directors recommends Shareholders to "reject the acquisition offer."
① The acquisition of GAPACK by Xinjufeng has undergone many twists and turns, and the Board of Directors of GAPACK has expressed that shareholders should reject the acquisition offer; ② The Board of Directors of GAPACK believes that, due to potential customer loss, potential legal lawsuits, and differences in management styles between the two companies, the terms of the acquisition offer do not align with the company's best interests.
Subdued Growth No Barrier To Greatview Aseptic Packaging Company Limited (HKG:468) With Shares Advancing 26%
