China Innovation Investment (1217) Announces EGM Poll Results and Fulfills Pre-Conditions for Partial Offer on Elife Holdings (223)

Bulletin Express
Oct 28

On 28 October 2025, China Innovation Investment Limited (1217) held an Extraordinary General Meeting (EGM) to vote on a resolution regarding a pre-conditional voluntary cash partial offer to acquire 180 million shares of Elife Holdings Limited (223). The resolution was approved with approximately 99.9738% of the shares voted in favor and 0.0262% against.

According to the announcement, this resolution’s passage clears the remaining requirements needed for the partial offer to proceed. Two pre-conditions were set: obtaining consent from the Executive under Rule 28.1 of the Takeovers Code and receiving approval at China Innovation Investment Limited’s EGM. Both have now been fulfilled.

The company expects to dispatch the formal offer document by or before 4 November 2025. Interested shareholders are advised to review the offer document once issued and note that the partial offer remains subject to additional condition(s) outlined in previous disclosures.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10