Guanze Medical Says Funde Investment's Takeover Offer Attracts Limited Interest

MT Newswires Live

05/11

Guanze Medical Information Industry (HKG:2427) said Funde (Hong Kong) Investment's offer to acquire the company did not receive any substantial interest, according to a Friday filing with the Hong Kong bourse.

The medical imaging film products maker's shares fell nearly 4% in morning trade Monday.

The offeror received two valid acceptances for 10,000 shares of the company, representing 0.001% of its issued share capital.

Funde (Hong Kong) Investment had offered to acquire the business for HK$0.25 per share in cash after buying a controlling stake of 73.60% earlier this year.

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