Litmi (01936) receives a mandatory general offer from INNOVATION FORGE HOLDINGS LIMITED at a discount of approximately 29.08%; trading resumes on September 28.

date
25/09/2026
Zhito Finance APP News, Litmi (01936) and the offeror INNOVATION FORGE HOLDINGS LIMITED jointly announced that on September 25, 2026 (after trading hours), the company was informed by the offeror and the sellers that the buyer, the sellers, and the seller guarantor entered into a sale and purchase agreement. Pursuant to the agreement: (a) the first seller, Garry-Worth Investment Limited, has agreed to sell, and the first buyer, Stellar Gate Investments Limited, has agreed to purchase, 266 million first sale shares, representing approximately 56.37% of all issued shares and 57% of issued voting shares as at the date of this joint announcement; (b) the first seller has agreed to sell, and the second buyer has agreed to purchase, 71,445,700 first seller shares, representing approximately 15.14% of all issued shares and approximately 15.31% of issued voting shares as at the date of this joint announcement; and (c) the second seller, Warrants Capital Ltd, has agreed to sell, and the second buyer, Innovation Forge Holdings Limited, has agreed to purchase, 26,316,000 second seller shares, representing approximately 5.58% of all issued shares and approximately 5.64% of issued voting shares as at the date of this joint announcement.