SHISHI SERVICES(08181): Valid acceptance of a total of 119 million shares of the offer shares.
Frequent service (08181) and offeror (Executive Director He Yingcai) jointly announce that Qingtian Securities Limited will act as...
SHISHI SERVICES (08181) and the offeror (executive director Ho Ying Choi) jointly announced that the offer made by Qingtian Securities Limited on behalf of the offeror will expire at 4:00 pm on 11 November 2024 (Monday), and the offeror has not revised or extended the offer.
As of 4:00 pm on 11 November 2024 (Monday) (being the deadline stated in the composite document for acceptance of the offer), the offeror has received valid acceptance of a total of 119 million shares (acceptance shares) under the offer (representing approximately 10.54% of the total issued share capital of the company as at the date of this joint announcement).
As of the offer deadline and as of the date of this joint announcement, taking into account the acceptance shares and the acceptance shares registered with the share registrar for transfer; and the sale shares, the offeror and its concert parties have a combined interest in 745 million shares, representing approximately 66.00% of the total issued share capital of the company.
Based on the offer price of HK$0.059 per offer share for the 119 million acceptance shares, the total consideration of the offer is HK$7.0238 million.
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