New Energy (02623) received a discount of about 48.7% to fully purchase the tender offer. It will resume trading in the afternoon of November 4th.

date
04/11/2025
Intelli News Finance APP, AideNew Energy (02623) and Prominence Investment Holding Company Limited jointly announced that on October 15, 2025 (after the trading hours of the Stock Exchange of Hong Kong), the Seller (as the seller) entered into a sale and purchase agreement with the offeror and the Buyer B Wu Haigan (as the buyer), whereby the Seller agreed to sell and the Buyer agreed to purchase a total of 195 million shares of the Sale Shares (accounting for approximately 55.66% of the issued share capital of the Company as at the date of this joint announcement), for a total cash consideration of HK$80 million (equivalent to approximately HK$0.4103 per share of Sale Shares). Specifically, the sale and purchase of the Sale Shares proposed to be carried out under the sale and purchase agreement are as follows: