(1) Discloseable and connected transaction in relation to acquisition of the entire issued share capital of the target company and the Assignment of shareholder's loan; and (2) placing of new shares under general mandate
Filed with HKEX · Stock code 8395 · · 36 pages · English
Summary by 6ix AI
ZXZN Qi-House Holdings Limited has announced a discloseable and connected transaction regarding the acquisition of the entire issued share capital of a target company and the assignment of a shareholder's loan, along with a placing of new shares under a general mandate. The company intends to use the proceeds from the placing primarily for settling part of the acquisition consideration and for general working capital. The board has confirmed that the terms of the acquisition are fair and reasonable, and it is in the interests of the company and its shareholders.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
ZXZN Qi-House Holdings Limited on 6ix
Earlier from ZXZN Qi-House
- Discloseable transaction in relation to acquisition of 30% of the issued share capital of the target company involving cash and issue of consideration shares under general mandate
- Change in board lot size
- Company Information Sheet
- Next Day Disclosure Return
- List of directors and their roles and functions
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