Jinke Smart Services to Delist Shares Following Acceptance of Broad Gongga Offer

MT Newswires Live

Feb 16

Jinke Smart Services Group (HKG:9666) said it had applied to delist its shares from the Hong Kong stock exchange after shareholders accepted Broad Gongga Investment's cash offer, according to a Hong Kong bourse filing Friday.

Broad Gongga's HK$8.69 per share cash offer received acceptances from shareholders owning 44.02% of the business. When combined with prior holdings, Broad Gongga owned 99.49% of the company's issued share capital after the offer closed on Feb. 13.

Broad Gongga triggered the mandatory offer after completing the transfer of an 18.05% block acquired in a court-supervised auction linked to Jinke Property's 4.7 billion yuan debt.

Jinke Smart said the voluntary withdrawal of its shares will occur on Friday, Feb. 20.

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When combined with prior holdings, Broad Gongga owned 99.49% of the company's issued share capital after the offer closed on Feb. 13.</p><p>Broad Gongga triggered the mandatory offer after completing the transfer of an 18.05% block acquired in a court-supervised auction linked to <a href=\"https://laohu8.com/S/000656\">Jinke Property</a>'s 4.7 billion yuan debt.</p><p>Jinke Smart said the voluntary withdrawal of its shares will occur on Friday, Feb. 20.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1542","symbol_name":"内地物业管理股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2611177593","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611177593","pubTimestamp":1771208484,"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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