Grace Wine Holdings Ltd. has completed a sale and purchase agreement with Hill Valley Investment Co Ltd, resulting in Hill Valley Investment making mandatory unconditional cash offers to acquire all issued shares of Grace Wine Holdings Ltd. not already owned or agreed to be acquired by the offeror. The transaction also includes an offer to cancel all outstanding share options of Grace Wine Holdings Ltd. Following the completion of the agreement, trading in the company’s shares has resumed. The update was disclosed in a joint announcement by the relevant parties.

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