KFM Kinder (03816) and KIG Real Estate Holdings Li...
According to the Zhitong Finance App, KFM Jind (03816) and KIG Real Estate Holdings Limited jointly announced that the offer ended at 4:00 p.m. on March 1, 2024 (Friday), and KIG Real Estate has not been amended or extended.
At 4:00 p.m. on March 1, 2024 (Friday), which is the last time and date of acceptance of the offer as set out in the comprehensive document, KIG Real Estate has received five valid admissions relating to a total of 38.26 million shares offered in accordance with the offer, which is equivalent to approximately 6.38% of the total issued share capital of the Company on the date of this joint announcement.
Based on the five valid admissions relating to 38.26 million shares and an offer price of HK$0.30 per share, the total cost of the offer was HK$11.478 million.
Following the completion of the sale of MF shares, KIG Real Estate, its ultimate beneficial owners and those acting in concert with any of them held, controlled or directed a total of 450 million shares, equivalent to approximately 75.0% of the Company's total issued share capital.
Taking into account the five valid acceptations of the 38.26 million offered shares received pursuant to the offer (subject to completion of the transfer of such accepted shares to KIG Real Estate under the offer), immediately after the end of the offer, KIG Real Estate, its ultimate beneficial owners, and persons acting in concert with any of them had an interest in a total of 488 million shares, equivalent to approximately 81.38% of the Company's issued share capital as of the date of this joint announcement.