SUN KONG HLDGS received a discount of approximately 21.88% from Wang Xinlong to fully purchase the tender offer. It will resume trading on September 17
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SUN KONG HLDGS and Hong Kong Yufeng Chang Co., Ltd. completed the acquisition of 23.115 million shares on September 13, 2024, at a total consideration of approximately HKD 14.4469 million, at HKD 0.625 per share, representing a discount of approximately 21.88%. In accordance with the acquisition rules, a mandatory unconditional cash offer must be made. The company has applied to resume trading of shares on September 17, 2024. The offeror is indirectly wholly-owned by Wang Xinlong
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