Skyworth Group (751 HK)'s Latest Partial Buyback. Thoughts On Proration

Apr 01, 2025

∙ Paid

Back on the 23 December 2022, Skyworth Group (751 HK) announced (another) partial buyback, at HK$3.80/share, a 20.25% premium to undisturbed. On the 28 March, terms were bumped to $5.00/share.
At the close of the Offer, the Wong Concert Group held 50.35%, and were no longer subject to the creeper rule. The Group now holds 56.04%
Yet another Partial Offer has been announced (HK$3.11/share, a 15.19% premium)), which will lift the Group's stake to 66.45%. Minimum pro-ration is 37.84%. It is likely to go higher.

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