SHUNTEN INTL received a discount of approximately 20% from Chairman Zhang Shaohui to increase the full acquisition offer
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SHUNTEN INTL and the offeror Leading Virtue jointly announced plans to acquire approximately 734 million shares on September 12, 2025, for a total consideration of HKD 17.61696 million. Mr. Zhang Shaohui acquired 32 million shares from Hammer Capital Consulting for HKD 768,000. The shares involved in this transaction account for 24.65% of the company's issued share capital. The offeror is required to make a mandatory conditional cash offer for all issued shares, with an offer price of HKD 0.024 per share, representing a discount of approximately 20% to the market price
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