MOST KWAI CHUNG Appoints Rainbow Capital as Independent Financial Advisor

Stock News

Mar 13

MOST KWAI CHUNG (01716) has announced the appointment of Rainbow Capital Holdings Limited as its independent financial advisor. Rainbow Capital is a corporation licensed under the Securities and Futures Ordinance to conduct Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities. The advisor will provide guidance to the Independent Board Committee and independent shareholders regarding the offer, specifically assessing its fairness and reasonableness and whether it should be accepted. This appointment has received approval from the Independent Board Committee in accordance with Rule 2.1 of the Takeovers Code.

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