Summary by Moomoo AI
Centralized Vehicles (Group) Co., Ltd. (“Centralized Vehicles”) announced on May 2, 2024 that all conditions of its H share repurchase agreement and voluntary divestment have been fulfilled and have become unconditional. The repurchase will be made by UBS on behalf of the centralized vehicle at a repurchase price of HK$7.5 per H share. As of 4:00 p.m. on May 2, 2024, approximately 23.942% of the issued H shares had been accepted for repurchase, of which 91.936% of the shares of H shares held by independent H shareholders were repurchased. The centralized vehicle will close its acceptance of the offer to repurchase H shares at 4 p.m. on 30 May 2024, and the results will be announced before 7 p.m. on the same day and the expected date for...Show More