Vinda International Moves to Compulsory Share Buyout

Vinda International Holdings (HK:3331) has released an update.

Vinda International Holdings Limited has announced a compulsory acquisition of its remaining shares following a successful voluntary unconditional cash offer by BNP Paribas Securities (Asia) Limited and China International Capital Corporation Hong Kong Securities Limited. Shareholders who have not yet accepted the offer will be subject to a compulsory buyout at HK$23.50 per share unless they appeal to the Cayman Islands Grand Court within one month. The completion of this acquisition is scheduled for around 15 August 2024.

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