HOME CONTROL received a discount of 39.61% from Meta-Wisdom Tech and will strengthen the mandatory unconditional general offer, resuming trading on June 24

Zhitong
2025.06.24 15:03
portai
I'm PortAI, I can summarize articles.

HOME CONTROL and Meta-Wisdom Tech Limited jointly announced that trading will resume on June 24, 2025. The offeror agrees to purchase 375 million shares at a price of approximately HKD 0.6133 per share, accounting for 74.02% of the total issued shares. The total transaction price is HKD 230 million, representing a discount of 39.61%. The offeror is required to make a mandatory unconditional general offer for all issued shares in accordance with Rule 26.1 of the Takeovers Code, with the resumption of trading scheduled for 9:00 AM on June 24, 2025