浙江龙盛(600352.SH)：控股子公司德司达定向回购股份及公司收购德司达少数股东权益

Core Viewpoint - Zhejiang Longsheng (600352.SH) is initiating a share buyback and acquisition of minority shareholder rights in Destar Global Holdings (Singapore) Limited to ensure full ownership of the company, following a time constraint set by the Singapore International Commercial Court [1] Group 1: Share Buyback and Acquisition Details - The company will repurchase 20% of Destar's shares held by KIRI Industries Limited for a total payment of $426,519,921.56 [1] - Additionally, the company will acquire the remaining 17.57% of shares from KIRI Industries for $275,954,485.13, bringing the total transaction amount to $702,474,406.69 [1] - The transaction amount is based on a projected settlement date of December 31, 2025, and may be adjusted due to interest changes if the settlement date varies [1] Group 2: Agreements and Approvals - A framework agreement has been signed between the company, Shengda International Capital Limited, Destar, and the appointed receiver Deloitte Singapore SR&T Restructuring Services Pte Ltd [1] - KIRI Industries and Destar, along with the receiver, have signed a share buyback agreement, while the company has also signed a revised and restated share purchase agreement with KIRI Industries and the receiver [1] - The total transaction amount exceeds the previously approved acquisition amount of $69,654.78 million by the company's ninth board of directors due to interest adjustments resulting from the delayed settlement date [1]