Hong Kong/China M&A/Events

Hong Kong/China M&A/Events

Get Nice Financial (1469 HK)'s Scheme Vote On The 7th March

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Quiddity Research
Feb 10, 2025
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  • Back on the 5th November, Get Nice Holdings (64 HK) (GNH) announced a scrip Offer, by way of a Scheme, for 72.99%-held Get Nice Financial Group Ltd (1469 HK) (GNF).

  • The (then) HK$1.116/share implied scrip price & divvy compared to a book value of HK1.736/share. and net cash of ~HK$1.00/share. At the 22nd January EGM, GNH shareholders backed the Offer.

  • The Scheme Doc is now out, with a Court Meeting on the 7th March, with new GNH shares trading on the 7th April. The IFA (Veda Capital) botched its peer analysis.

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