Core Points - GC CONSTRUCTION (01489.HK) announced the sale of 729 million shares to Jumbo Flags Capital Limited for a total cash consideration of HKD 122 million, representing approximately 72.89% of the company's issued share capital [1] - Following the completion of the transaction, the offeror and its concert parties will collectively own 729 million shares, also representing about 72.89% of the company's issued share capital [1] - The mandatory unconditional cash offer price is set at HKD 0.1812 per share, which is a discount of approximately 45.91% compared to the closing price of HKD 0.3350 on September 22 [1] - The offeror is a company registered in the British Virgin Islands, primarily engaged in investment holding, and is wholly owned by Gan Kok En, an experienced corporate executive [1] - Gan Kok En is the chairman of GM Vision Investment Co., Limited, which focuses on land investment and provides consulting services related to investments in Cambodia [1] - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on October 2, 2025 [2]
GC CONSTRUCTION(01489.HK)：72.89%股权易主Gan Kok En致提全购 10月2日复牌