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UBA Investments Share Disposal Triggers Mandatory Offer by Upbest Securities
UBA INVESTMENTS will resume trading from the morning of April 24.
UBA INVESTMENTS (00768) announced that the company's shares will resume trading at 9:00 AM on April 24, 2025.
UBA INVESTMENTS (00768.HK): Knight Sky Holdings plans to acquire approximately 15.10% equity and will make a mandatory conditional cash offer.
Gelonghui April 23丨UBA INVESTMENTS (00768.HK) announced that the offeror Knight Sky Holdings Limited (whose issued share capital is wholly owned by Zheng Qiming) informed that on April 11, 2025, the offeror (as the buyer) entered into a sale and purchase agreement with the seller, whereby the seller Kingswell Holdings Group Limited has agreed to sell and the offeror has agreed to purchase 0.192 billion shares (accounting for approximately 15.10% of the total issued share capital of the company as disclosed in this joint announcement), for a consideration of
UBA INVESTMENTS (00768) received a full acquisition offer from Zheng Qiming at a premium of about 7.14%, resuming trading on April 24.
UBA INVESTMENTS (00768) and the offeror Knight Sky Holdings Limite...
Express News | UBA Investments - Investment Holding Co to Buy 15.10% Stake of Co for HK$5.8 Mln
UBA Investments Ltd. Announces Trading Halt Amid Pending Takeover Announcement