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Greentech Technology International Limited ( (HK:0195) ) has provided an announcement.
Greentech Technology International Limited is the subject of a pre-conditional voluntary cash partial offer by Mangkon Road Limited, managed by Argyle Street Management Limited. The offer, facilitated by Quam Capital Limited, seeks to acquire up to 204,900,000 shares not already owned by Mangkon Road Limited and its concert parties. The pre-condition for this offer, which required consent under Rule 28.1 of the Takeovers Code, has been fulfilled, allowing the Offeror to proceed. Shareholders will receive the Offer Document detailing the terms and timeline, with further announcements to follow. A waiver from strict compliance with Rule 28.7 of the Takeovers Code has been granted to accommodate the offer’s structure.
More about Greentech Technology International Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €46.96M
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