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Samson Holding Announces Privatisation Advisor
Samson Holding (00531): Huafu Jianye corporate financing appoints as an independent financial advisor.
Samson Holding (00531) announced that Huafu Jianye Enterprise Financing Co., Ltd. (which can engage in the first category of securities and futures regulations ...) has submitted an application for the qualification of futures company to the China Securities Regulatory Commission and will continue to fulfill its obligations as a futures company shareholder.
Samson Holding Discloses Privatization Offer From Chairman
Samson Holding (00531.HK) resumed trading this morning.
On July 17th, Gelunhui announced that the shares of Samson Holding (00531.HK) will resume trading at 9 a.m. today (7/17/2024).
Samson Holding obtained a premium of approximately 50.00% for privatization from Fushan (Hong Kong) and resumed trading today.
Samson Holding (00531) and the offeror Fushan (Hong Kong) Limited jointly announced that on July 11, 2024, the offeror requested the board of directors to propose a proposal to the planned shareholders to privatize the company by way of agreement arrangement under Section 86 of the Company Law. Under the proposed proposal, if approved and implemented, the planned shares will be cancelled and removed, and as the consideration for the cancellation and removal of such shares, each planned shareholder on the record date of the plan will be entitled to receive a cash offer price of HK$0.480 for each cancelled and removed planned share. The offer price per planned share is HK$0.
Samson Holding Announces Privatization Plan
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