Core Viewpoint - The voluntary cash offer by the offeror, Xijing Holdings (Hong Kong) Limited, aims to acquire 371.2 million shares of Xiangxing International (01732), representing 29% of the company's issued share capital, at a price of HKD 0.21 per share, which is approximately 7.89% lower than the last trading price of HKD 0.228 [1] Group 1 - The offeror believes that investing in the company provides an attractive platform to complement its existing business activities [1] - The partial offer is expected to leverage the core competencies of the offeror and Shanghai Xijing, which primarily provides smart logistics solutions and equipment, alongside the group's operations in China, focusing on port services, logistics, and supply chain operations [1] - There is potential for significant strategic value creation through synergies between the offeror and the group [1]
象兴国际(01732)拟获西井控股(香港)折让约7.89%提部分要约以收购公司29%股权 12...