Metals X Limited (Metals X or the Company) (ASX: MLX) refers to its announcements dated 4, 13 and 25 June 2025, in relation to the Company's voluntary cash partial offer for up to 382,480,000 shares of Greentech Technology International Limited (Greentech) at an offer price of HK$0.35 per share (Partial Offer).
Greentech is listed on the Stock Exchange of Hong Kong (HKSE) and its shares have been suspended since 2 September 2024
It has approximately 1.37 billion shares on issue and the number of shares to be acquired by Metals X under the Partial Offer represents 28% of the issued share capital of Greentech. The Company advises that Greentech has released a response document1 relating to the Partial Offer on the HKSE today, and a copy of the response document is attached. As outlined in the response document, the Independent Board Committee of Greentech considers that the Partial Offer is fair and reasonable as far as the Qualifying Shareholders2 are concerned and accordingly recommends the Qualifying Shareholders to accept the Partial Offer.
Contact:
Mr Brett Smith
Email: brett.smith@metalsx.com.au
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