On the 7th August, Guotai Haitong Securities (601211 CH) pitched a pre-conditional (SASAC/NDRC) Scheme for Guotai Junan (1788 HK) at HK$3/share, a 44.2% premium to last closes. Terms declared final.
The pre-con long stop date is the 31st October - uncommonly nimble. This could (should) be wrapped up before year-end. Clean deal.
A perusal of the s329 investigative reports provides a clearer picture on who holds what. Not that I expect the vote to be a cause for concern.
Guotai Junan (1788 HK): A Closer Look At The Shareholder Register
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