Westwell Holdings (Hong Kong) Limited has announced a proposal to acquire 371,200,000 shares of Xiangxing International Holding Limited, excluding those shares already owned or agreed to be acquired by Westwell and its concert parties. The transaction is being conducted through Lego Securities Limited on behalf of Westwell. Following the completion of the offer, Xiangxing International Holding is expected to maintain a public float of approximately 27.05% of its issued shares, ensuring continued compliance with relevant listing requirements. Xiangxing International Holding is principally engaged in intra-port services, logistics, and supply chain operations in Xiamen, Quanzhou, and Chengdu in China.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xiangxing International Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11938011), on December 01, 2025, and is solely responsible for the information contained therein.