Hang Pin Living Technology Company Limited (HK:1682) has released an update.
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Brilliant Sunshine International Limited has successfully closed its voluntary unconditional general cash offers for acquiring all issued shares and cancelling share options of Hang Pin Living Technology Company Limited. The offers concluded with a 41.63% acceptance for company shares and 25% for share options, resulting in the Offeror and its concert parties holding a combined 54.86% of Hang Pin’s issued share capital. The transaction ensures regulatory compliance, with no further revisions or extensions to the offers.
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