Shunteng International Holding (00932) received Chairman Zhang Shaohui's offer of approximately 20% discount to take full control of the business.

date
13/09/2025
The Zhongtong Finance APP reports that Shun Teng International Holdings (00932) and the offeror Leading Virtue jointly announced that on September 12, 2025, the offeror acquired a total of approximately 734 million shares from Prosper Rich and Hammer Capital Consulting for a total consideration of 176.1696 million Hong Kong dollars; Mr. Zhang Shaohui purchased 32 million shares from Hammer Capital Consulting at a price of 768,000 Hong Kong dollars. The sale of shares (a total of approximately 766 million shares) accounts for about 24.65% of the total issued share capital of the company. The total consideration for the sale of shares is 183.8496 million Hong Kong dollars, equivalent to approximately 0.024 Hong Kong dollars per share sold.