Eagle Nice's Continued Transactions With Li Ning Group

TipRanksJul 10 06:07 ET

Eagle Nice Issues Over 40 Million Shares as Partial Consideration for Acquiring Wisdom Innovation Holdings

Eagle Nice (International) Holdings (HKG:2368) has allotted and issued 40,380,000 consideration shares to River Benefit International at HK$4.65 per share as part of the payment for acquiring Wisdom I

MT NewswiresJul 8 07:18 ET

Eagle Nice Completes Major Acquisition Deal

TipRanksJul 8 05:11 ET

Eagle Nice (02368.HK) has completed the acquisition of all the shares of Wisdom Innovation Holdings, issuing 40.38 million shares as consideration.

On July 8th, Gelunhui announced that Eagle Nice (02368.HK) has acquired 100% equity of Wisdom Innovation Holdings Limited, which involves issuing new shares of the company. All the prerequisites for completing the agreement have been met, and the acquisition has been completed on July 1, 2024. On July 8, 2024, the company has issued and distributed 40.38 million consideration shares to the seller at a price of HK$4.65 per share to pay part of the consideration of USD 24.0419 million (equivalent to about HKD 1.88 billion). The consideration shares.

Gelonghui FinanceJul 8 04:41 ET

Eagle Nice (02368.HK) plans to acquire all equity of Wisdom Innovation Holdings for $28.7 million.

On June 21, Grall Hui announced that on June 21, 2024, the buyer (a wholly-owned subsidiary of the company), the company, the seller and the seller's guarantor (the beneficial owner of the seller) entered into the agreement. Accordingly, the seller conditionally agreed to sell, while the buyer conditionally agreed to purchase the shares (equivalent to all the issued shares of the target company Wisdom Innovation Holdings Limited) for an initial price of USD 28.7 million. The adjusted final price will be determined based on the general authorization at the issue price of HKD 4.65 per share.

Gelonghui FinanceJun 21 07:42 ET

Express News | Eagle Nice (International) - Unit to Buy Entire Stake in Wisdom Innovation at Initial Consideration of US$28.7 Mln

ReutersJun 21 07:35 ET