SAMSON HOLDING to privatize with a premium of approximately 50.00% from Fushan (Hong Kong), trading to resume on July 17th
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SAMSON HOLDING will propose a privatization offer at a 50% premium, with a tender offer price of HKD 0.480 per share. The implementation of this plan will result in all planned shares being cancelled and delisted, rendering the stock ineffective as ownership documents or evidence. This move will reduce the company's listing costs and management resources, allowing it to focus on long-term plans. The offeror is Green Ease Limited, owned by Guo Shanhui and Liu Yimei with a 50% stake. SAMSON HOLDING has applied to the Stock Exchange for the resumption of trading of the shares
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