The Zhitong Finance App learned that iron goods (01029) surged by more than 20% at the end of the session. As of press release, it had risen 16.1% to HK$0.137, with a turnover of HK$1,891,600.
According to the news, Iron Goods issued an announcement regarding AXIOMA CAPITAL FZELLC's mandatory unconditional cash offer. The offender has received approximately 2,228 billion shares of the offer, accounting for about 26.15% of the shares, and about 91.714,400 share options accepted.
The announcement stated that after consideration and effective acceptance, the shareholding of the offender and those acting in concert increased from about 30.61% to 56.76%. Immediately after the end of the offer, the public shareholding volume was approximately 43.24%, which still met the minimum public shareholding requirement.