Riverine China Holdings Limited (RIVERINE CHINA) and Yomi.sun Holding Limited have jointly despatched their composite offer and response document, formally launching an unconditional mandatory cash offer for all Riverine China shares not already owned by Yomi.sun or its concert parties.
Key transaction milestones • Composite Document despatch: 21 July 2026, marking the official start of the offer period. • Offer period: Opens 21 July 2026 and remains open until 4:00 p.m. on 11 August 2026, unless extended or revised under the Hong Kong Takeovers Code. • Result announcement: No later than 7:00 p.m. on 11 August 2026. • Payment timeline: Remittances to accepting shareholders will be posted within seven business days of receipt of valid acceptances and no later than 20 August 2026.
Offer structure and governance • The cash offer is unconditional in all respects. Acceptances are irrevocable except under limited withdrawal circumstances detailed in the Composite Document. • Documentation includes: – Offer terms and expected timetable. – Independent Board Committee recommendations to Riverine China’s independent shareholders. – Advice from Joint Independent Financial Advisers on the fairness and reasonableness of the offer. • Any revision or extension of the offer will trigger a minimum 14-day additional acceptance period.
Shareholder guidance Riverine China’s independent shareholders are urged to review the Composite Document and accompanying Form of Acceptance in full and to consider the recommendations of the Independent Board Committee and the Joint Independent Financial Advisers before tendering shares. Caution is advised when dealing in Riverine China securities during the offer period.
Contingency arrangements Key dates will be adjusted if a No. 8 or higher typhoon signal, black rainstorm warning, or government-declared “extreme conditions” is in force in Hong Kong at critical deadlines.
Corporate background • Offeror: Yomi.sun Holding Limited, incorporated in the British Virgin Islands, sole director Mr Sun Taoyong. • Target: Riverine China Holdings Limited, incorporated in the Cayman Islands; Board chaired by Mr Xiao Xingtao.
Further announcements will be made should the timetable change or the offer be revised or extended.
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