ANE's major shareholder proposes privatization at 12.18 yuan per share, resuming trading on Thursday

AASTOCKS
2025.10.28 16:41

ANE Logistics (09956.HK) announced that Celestia BidCo (the offeror wholly owned by TopCo) will privatize the company through a scheme arrangement, offering HKD 12.18 in cash per share, representing a premium of 29.57% over the last trading price before suspension; or exchanging for 1 share of TopCo Class A shares per share. Upon effectiveness, the company will apply to the Stock Exchange for the withdrawal of its listing status.

Currently, the offeror and its concert parties hold a total of 35.74% of the company's equity. TopCo is held by Da Cheng Capital, Temasek, and True Light with approximately 52.4%, 23.8%, and 23.8% equity interests, respectively. The company's shares are scheduled to resume trading on Thursday (30th)

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