Group 1 - The offeror, DoThink Investment Limited, plans to acquire 2.6012 billion shares of Shunlong Holdings (00361), representing approximately 50.011% of the company's total issued share capital, for a total cash consideration of about HKD 74.67985 million, equating to approximately HKD 0.029 per share [1] - The offer also includes convertible bonds with a total principal amount of HKD 74.1 million, which can be converted into 650 million shares at an adjusted conversion price of HKD 0.114, with a cash consideration of HKD 18.66135 million [1] - The total consideration for the acquisition amounts to approximately HKD 93.3412 million [1] Group 2 - Following the completion of the acquisition, the offeror and its concert parties will own a total of 2.6012 billion shares, representing approximately 50.011% of the company's total issued share capital [1] - According to the Takeover Code 26.1, the offeror must make an offer for all remaining issued shares not already owned or agreed to be acquired after the completion of the acquisition [1] - The cash offer price of HKD 0.029 per share represents a discount of approximately 33% compared to the last closing price of HKD 0.043 on the Stock Exchange [1] Group 3 - The offeror is a wholly-owned subsidiary of Han Cheng Energy Group, which is primarily engaged in clean energy development, vehicle manufacturing, and environmental sanitation services [2] - Han Cheng Energy Group is owned by Mr. Liu Jincheng and Mr. Liu Gang, holding 80% and 20% equity interests, respectively [2] - The offeror intends to maintain the listing of shares on the Stock Exchange after the offer deadline and has no intention to exercise any power to compulsorily acquire any outstanding shares post-offer [2]
顺龙控股控股权将易主 拟获折让约33%提全购要约