Hong Kong/China M&A/Events

Hong Kong/China M&A/Events

CPMC (906 HK): ORG Ticks Off Another Pre-Con

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Quiddity Research
Oct 25, 2024
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  • CPMC Holdings (906 HK) has announced that the Shenzhen Stock Exchange has no further comment on ORG Technology (002701 CH)'s MAR report, and therefore that specific pre=condition has been fulfilled.

  • ORG will now hold an general meeting on the 11th November for shareholders to vote on the Offer for CPMC - this should be a two-thirds majority vote.

  • The pre-cons long stop date is the 6th January. Should all go to plan, you could be looking at late Janaury 2025 payment.

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