CPMC Holdings Advances in Acquisition Process

CPMC Holdings Limited (HK:0906) has released an update.

CPMC Holdings Limited has announced that all pre-conditions for the voluntary cash offer by Huarui Fengquan Development Limited to acquire its shares have been fulfilled, paving the way for the offer document to be dispatched soon. This development marks a significant step in the acquisition process, though investors are advised to remain cautious as the offer’s completion is not guaranteed. The dispatch of the offer document is expected by December 20, 2024.

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