TWINTEK (06182): A total of 111 million shares of the tendered shares were validly accepted.

date
18:47 16/12/2025
avatar
GMT Eight
Yide Investment Holdings (06182) announced that as of 4:00 pm on December 16, 2025 (Tuesday), the offeror has received 12 valid acceptances totaling 111 million shares under the offer, equivalent to approximately 13.91% of the total issued share capital of the company as of the date of this joint announcement.
TWINTEK (06182) announces that as of December 16, 2025 (Tuesday) at 4:00 pm (the deadline for accepting the offer as stated in the comprehensive document), the offeror has received 12 valid acceptances for a total of 111 million shares under the offer, equivalent to approximately 13.91% of the total issued share capital of the company as of the date of this joint announcement. Following the deadline for the offer and taking into account the 12 valid acceptances involving 111 million shares under the offer received and pending registration of the transfer of shares after acceptance, the offeror and its concert parties (including Mr. Li Haoyuan) collectively hold interests in 711 million shares, equivalent to approximately 88.91% of the total issued share capital of the Company as of the date of this joint announcement. Following the deadline for the offer and as of the date of this joint announcement, after the registration of the transfer of the accepted shares, 88.684 million shares (equivalent to approximately 11.09% of the total issued share capital of the Company as of the date of this joint announcement) are held by the public (as defined in the Listing Rules). Therefore, as of the date of this joint announcement, the Company fails to meet the minimum public float requirement as stipulated in Listing Rule 8.08(1). According to Listing Rule 13.32(3), if the public float percentage falls below 15%, trading of the shares is generally suspended. As the public float percentage of the shares has fallen below 15%, the Company has requested the shares to be suspended from trading on the Stock Exchange of Hong Kong from 9:00 am on December 17, 2025 (the trading day immediately following the offer deadline).