Kingkey Financial (HKG:1468) shareholders will meet on Jan. 22 to vote on the acquisition of 6 million shares of Youngtimers, a SIX Swiss Exchange-listed investment firm, from IndexAtlas, according to a Tuesday filing with the Hong Kong Stock Exchange.
The acquisition price of 4.3 million Swiss francs will be settled through the issuance and allotment of 93,786,894 new shares to the vendor at HK$0.423 apiece, the filing said.
The shares up for purchase represent around 8.33% of the target's enlarged issued share capital.
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