Group 1 - The company IDT INT'L (00167.HK) has entered into a sale agreement with joint offerors Hongli and Horizon Heights to acquire 312,432,503 shares, representing approximately 72.10% of the company's total issued share capital, for a total consideration of HKD 185,616,150, equating to approximately HKD 0.5941 per share [1] - The completion of the transaction occurred on October 30, 2025, with the joint offerors and their concert parties having no prior ownership of the company's shares before the completion [1] - Following the completion, the joint offerors and their concert parties will own 312,432,503 shares, which is approximately 72.10% of the total issued share capital, and are required to make a mandatory unconditional cash offer for all issued shares [1] Group 2 - The offer price of HKD 0.5941 per share represents a discount of approximately 68.90% compared to the last trading price of HKD 1.91 per share on the stock exchange [2] - Hongli is a limited company registered in Hong Kong primarily engaged in investment holding, while Horizon Heights is a limited company registered in the Cayman Islands, also primarily engaged in investment holding [2] - The company has applied for the resumption of trading of its shares on the stock exchange starting from 9:00 AM on November 18, 2025 [2]
IDT INT'L(00167.HK)获折让约68.90%提强制性无条件现金要约 拟11月18日复牌