Rimbaco Group Global Limited (Rimbaco) and offeror Aureole Halo Limited have jointly announced a further postponement in the release of the composite document tied to Aureole Halo’s mandatory unconditional cash offer for all Rimbaco shares not already owned or agreed to be acquired by the offeror and its concert parties.
The dispatch deadline has moved from 9 June 2026 to 16 June 2026 after Aureole Halo applied for an extension under Note 2 to Rule 8.2 of the Hong Kong Takeovers Code. The Executive has indicated it is “minded to grant” consent for the revised timetable.
According to the statement, extra time is needed to finalise the composite document’s contents, including the letter from the independent financial adviser appointed to guide Rimbaco’s independent board committee.
Key timeline references: • 24 April 2026 – Initial “3.5 Announcement” disclosed completion of the share purchase and intention to launch the cash offer. • 27 April 2026 – Clarification announcement issued. • 15 May 2026 – First delay in dispatch was announced, setting the 9 June 2026 deadline now superseded.
A further announcement on the actual dispatch date will be made “when appropriate” in line with the Takeovers Code and Hong Kong Listing Rules. Until then, the boards of both entities advise Rimbaco shareholders and potential investors to exercise caution when dealing in the shares.
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