Yijun Group Holdings (02442) changes hands with approximately 84.40% discount to fully acquire the controlling stake. Trading will resume on December 3rd.

date
03/12/2025
Intelligence Financial APP News, the Yijun Group Holdings (02442) and the offeror Tianfu International Group Limited jointly announced that on November 21, 2025, Tianfu International Group Limited completed the acquisition of 306 million shares from Dingrun Investment Limited, equivalent to 75% of the total issued share capital of the company as of the date of this joint announcement, for a total cash consideration of 230 million Hong Kong dollars (approximately 0.7517 Hong Kong dollars per share). Following the completion and as of the date of this joint announcement, the offeror and its concerted parties hold 75% of the company's shares. According to Rule 26.1 of the Takeover Code, the offeror must make an offer for all of the publicly issued shares that the offeror and its concerted parties do not yet own or agree to acquire. The cash offer for each share is 0.7517 Hong Kong dollars, which is a discount of approximately 84.40% compared to the closing price of 4.82 Hong Kong dollars per share reported on the last trading day on the Stock Exchange. The company has applied for the resumption of trading of the shares on the Stock Exchange starting at 9:00 a.m. on December 3, 2025.