Xin Yuan Enterprise Group (01748) receives a full cash offer from Ocean Vivo at a premium of approximately 25.57%.

date
08/10/2026
Zhito Finance APP News: Xinyuan Enterprise Group (01748) announced that on August 19, 2026, the offeror Ocean Vivo Limited notified the company that it has a clear intention, subject to the satisfaction of preconditions, to make a voluntary conditional general cash offer through ICBC International Financing on behalf of the offeror, in accordance with the terms and conditions, to acquire all shares not already owned by the offeror and parties acting in concert with it. The offer price of HK$2.21 per share represents a premium of approximately 25.57% over the closing price of HK$1.76 per share on February 20, 2025.