Group 1 - The company announced that it lacks sufficient financial resources to redeem HKD 19 million convertible bonds maturing on December 31, 2025, and has requested the bondholder, Mr. Stephen Chow, to agree to convert the bonds into shares [1] - Mr. Chow has signed a conditional conversion notice, indicating his intention to exercise the conversion rights once conditions are met [1] - Following the full exercise of the conversion rights, Mr. Chow and his associates will hold approximately 112 million shares, representing about 64.05% of the enlarged issued share capital [2] Group 2 - According to Rule 26.1 of the Takeovers Code, Mr. Chow and his concert parties will be required to make an unconditional mandatory cash offer for all issued shares, excluding those already owned or agreed to be acquired at the time of the offer [2] - Mr. Chow is also required to make a share option offer to cancel all unexercised share options, except for those already owned or held by him or his concert parties [2] - The cash offer price per share is HKD 0.275, which represents a discount of approximately 91.79% compared to the last closing price of HKD 3.35 on the Stock Exchange [2]
比高集团拟获周星驰折让约91.79%提全购要约