S&T Holdings Share Acquisition Offer Closed

S&T Holdings Ltd. (HK:3928) has released an update.

Alpine Treasure Limited’s unconditional cash offer to purchase all issued shares of S&T Holdings Limited (Stock Code: 3928) has closed without any additional acceptances. As a result, Alpine Treasure and its concert parties maintain ownership of approximately 78.37% of S&T Holdings’ total issued share capital. The offer details were outlined in a joint announcement and the subsequent closure of the offer on 10 September 2024 was confirmed, with no changes in shareholdings post-offer.

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