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GTHT (02611.HK) Proposes Privatization of GUOTAI JUNAN I (01788.HK) at HKD3 Per Share; Trading to Resume Tomorrow
2026-08-09 18:45:56 GUOTAI JUNAN I (01788.HK) announced that its major shareholder GTHT (02611.HK) proposed to privatize the company by way of a scheme of arrangement to simplify the structure of its Hong Kong business and further align the economic interests among its offshore entities. The cash offer price is HKD3 per share, representing a premium of 44.23% over the closing price before the trading halt, involving approximately HKD9.86 billion, which will be financed through external financing. Upon the scheme becoming effective, the company will apply for the withdrawal of the listing of its shares on the Stock Exchange. The company's shares have applied to resume trading on Monday (10 Aug). (de/d)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |