Fangyuan Lifestyle Services (9978) said the offeror will buy 50.01% of the company from its controlling shareholder at HK$0.14 a share, or HK$28.0061 million in total, a 39.13% discount to the previous close, according to Ming Pao.
After the acquisition closes, the offeror will make an unconditional mandatory cash offer at the same price of HK$0.14 per share. The offeror also intends to keep the company listed on the Stock Exchange. Trading resumed this morning.
Fangyuan Lifestyle Services Gets 50.01% Stake Offer At HK$0.14 Per Share
2026-07-28 01:35:56
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