Enviro Energy International Holdings' Shareholders Sell 49% Stake for HK$36 Million

MT Newswires Live

Feb 07, 2025

Enviro Energy International Holdings' (HKG:1102) five shareholders agreed to sell 709,045,226 shares, representing 49.26% of the entire issued share capital of the company to Amethyst Asia for HK$35.5 million, a Thursday Hong Kong bourse filing said.

The transaction for 680,514,345 shares out of the total shares under the sale agreements has been completed as of the filing date, representing 47.28% of the entire issued share capital of the company. The remaining transactions are expected to be completed by Feb. 10.

After the completion, under the takeover code, Amethyst Asia will make a cash offer to acquire all the remaining issued shares of the company at HK$0.05 apiece, amounting to HK$72.0 million for the 1,439,385,743 shares in issue.

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The remaining transactions are expected to be completed by Feb. 10.</p><p>After the completion, under the takeover code, Amethyst Asia will make a cash offer to acquire all the remaining issued shares of the company at HK$0.05 apiece, amounting to HK$72.0 million for the 1,439,385,743 shares in issue.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01102","symbol_name":"环能国际","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2509791158","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509791158","pubTimestamp":1738917804,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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