ANE Cayman (9956 HK), a road freight transportation play, is suspended pursuant to the Takeovers Code.
PE outfit Centurium Partners, a pre-IPO investor, holds 24.6%. Two senior management - past & present - hold a further 20.2%.
ANE's share price is up 29% YTD, but 27% adrift of its November 2021 IPO price.
Conclusions First
NEW News. ANE Cayman (9956 HK)'s shares are halted pursuant to the Code on Takeovers and Mergers.
That's it.