Management is likely reloading a partial offer to exercise statutory control and bypass the 2% creeper rule. The partial offer price could be around HK$1.60-1.70 per share.
What is covered in the Full Insight:
Trading Halt and Partial Offer Background
2022 Partial Offer Recap
Events Since Partial Offer Close
Potential Partial Offer Reload
Alternative Options for Privatisation
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.