CHI LONGEVITY (01863): The offeror intends to acquire a maximum of 85,261,250 issued shares of the company.

date
13/02/2025
avatar
GMT Eight
The China Longtian Group (01863) announced that on February 11, 2025, the board of directors received Altern...
CHI LONGEVITY (01863) announced that on February 11, 2025, the board received a written letter dated February 10, 2025 from SOMERLEY CAP Limited, the financial advisor to Alternative Liquidity Index, LP (the offeror), notifying the board that the offeror intends to make a voluntary cash partial offer (partial offer) subject to certain pre-conditions to the shareholders of the company in accordance with the Takeovers Code. The offeror proposes to purchase up to 85,261,250 shares (shares) of the company at a price of HK$0.01 per share, representing approximately 10% of the total number of issued shares.