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Lifestyle China Gets Sweetened Go-Private Offer From Chairman
Hong Kong stock movement | LIFESTYLE CHI (02136) reopens with a drop of over 15%. The privatization cancellation price has been raised to HKD 0.98. The company stated that there will be no further increases.
LIFESTYLE CHI (02136) resumed trading with a drop of over 15%. As of the time of writing, it is down 15.31%, priced at 0.83 Hong Kong dollars, with a transaction volume of 1.6882 million Hong Kong dollars.
LIFESTYLE CHI (02136.HK): The offeror has raised the cancellation price to HKD 0.980, resuming trading on the 17th.
On January 16, Glorious Holdings announced that LIFESTYLE CHI (02136.HK) has published an announcement stating that on January 15, 2025, the offeror notified the company of its proposed revision, raising the cancellation price from HKD 0.913 per share of the planned shares to HKD 0.980, an increase of about 7.3% from the original cancellation price. The offeror has requested the company to present the revised proposal to the planned Shareholders. The company has applied to the Stock Exchange for the resumption of trading in its shares starting from 9:00 AM on January 17, 2025.
Express News | Lifestyle China - Offeror Proposes to Amend Proposal by Increasing Price From HK$0.913 to HK$0.980 per Share
Express News | Lifestyle China Group Ltd - Trading Halt Pending Release of an Announcement Related to Proposed Privatisation of Co
Express News | HKEX - Trading in Shares of Lifestyle China Group Will Be Halted on 16 Jan
