I.CENTURY HLDG's controlling stake changes hands, receiving a discount of approximately 32.07%, and a full acquisition offer will resume trading on September 24
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I.CENTURY HLDG's controlling stake has changed hands, with Three Apples Industry Holdings Group (Hong Kong) Limited completing the acquisition of 280 million shares, accounting for 70% of the company's issued share capital, for a cash consideration of HKD 35 million, at HKD 0.125 per share, representing a discount of approximately 32.07% to the closing price on the last trading day. According to the takeover code, a mandatory unconditional cash offer must be made. The company has applied to resume trading of its shares on the GEM of the Stock Exchange on September 24, 2025
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