Hengdeli Holdings (HK:3389) has released an update.
Hengdeli Holdings Limited and Empire Charm Limited have jointly announced that their conditional voluntary cash partial offer has received acceptances surpassing the required 15% threshold, but still awaits approval from over 50% of independent shareholders to proceed. Despite the high acceptance rate, with approximately 22.06% of shares supporting the offer, the approval condition has yet to be fulfilled, leaving the offer’s final status pending.
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