Summary by Moomoo AI
THE VOLUNTARY CONDITIONAL CASH CONTRACT ISSUED BY VIDA INTERNATIONAL HOLDINGS LIMITED (THE “COMPANY”) ON MARCH 8, 2024 HAS BECOME UNCONDITIONAL AS OF MONDAY, MARCH 11, 2024 AT 4:30 P.M. The Covenant Isola Castle Ltd and its Consistent Movers have successfully received sufficient acceptance to hold more than 50% of the voting rights in the Company, i.e. 51.59%. The Offer will continue to be open until 4 p.m. on April 2, 2024 for acceptance by shareholders. If the Shareholder accepts the Contract, the price will be settled by cheque within seven business days of acceptance. The Board of Directors of the Company confirms that the information contained in the Announcement is accurate except for information relating to the Contractors, the Terms of Agreement and Essity.