Jinke Smart Services Group Moves Forward With Delisting Amid Mandatory Cash Offer

Reuters11-18
<a href="https://laohu8.com/S/JKSSY">Jinke Smart</a> Services Group Moves Forward With Delisting Amid Mandatory Cash Offer

Jinke Smart Services Group Co. Ltd. has announced a proposed withdrawal of its shares from listing on the Hong Kong Stock Exchange. The delisting process is tied to a revised unconditional mandatory cash offer made by Broad Gongga Investment Pte. Ltd. to acquire all offer shares in the company. The Rollover Option allows existing shareholders to retain an indirect interest in the company after the shares are delisted, provided certain conditions are met, including approval of the delisting at an extraordinary general meeting and sufficient acceptance of the offer. The company will soon dispatch a Revised Composite Document with further details, the expected timetable, and recommendations. The specific date of delisting has not been announced yet, but the next major step is the release of this document.

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