IDT INTL (00167.HK) changes ownership, receives approximately 91.51% discount for full acquisition offer, resumes trading on June 30th.

Smart Financial News APP reports that IDT INT'L (00167.HK) and the offeror HORIZON HEIGHTS LTD. jointly announced that on June 12, 2026, the offeror (as the subscriber), Horizon Heights (as the issuer), and Pinghu Piaosui have entered into a subscription agreement. Accordingly, the offeror has conditionally agreed to subscribe for 84,250 new shares of Horizon Heights, representing approximately 89.39% of the enlarged issued share capital of Horizon Heights after the completion of the subscription, with a total subscription price of approximately 438.959 million Hong Kong dollars.