Shandong Hi-Speed New Energy (1250 HK)'s Unconditional MGO Now Open
Back on the 27 December, Shandong Hi-Speed Holdings (412 HK) completed two SPAs, elevating its stake in Shandong Hi-Speed New Energy (1250 HK) to 56.97% from 43.45%, triggering an unconditional MGO.
The Composite Doc is now out, and the Offer is open for tendering. The close of the Offer is the 18th Feb, 21 days out. Don't expect an extension.
The IFA has declared the terms fair & reasonable. Which is probably true.
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