Tile Axis B: The controlling shareholder has launched a comprehensive tender offer, and the company's stock will resume trading on December 18th.
Waax B announcement states that the company's stock will resume trading from the morning of December 18, 2025. The company received a summary of the tender offer report from its controlling shareholder, Waax Group, on December 17. Waax Group intends to launch a comprehensive tender offer to all shareholders except itself, with the purpose of terminating the listing status of Waax B. The offer price is 2.86 Hong Kong dollars per share, for a total of 159 million shares, representing 39.39% of the total share capital, and requiring a maximum capital of 454 million Hong Kong dollars. The acquisition has received relevant approvals and will last for 30 natural days.
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