Weicheng International Holdings (08107) announced that various independent non-executive directors Dr. Liu Dabei, Professor Yang Mengzhang, Engineering...
Zhitong Finance App News, Weicheng International Holdings (08107) issued an announcement. An independent board committee composed of independent non-executive directors Dr. Liu Dabei, Professor Yang Mengzhang, engineers, Mr. Che Haohua, and Mr. Zhu Jianming has been established to provide independent shareholders with advice on whether the offer is fair and reasonable and whether the offer should be accepted.
Dayou Finance Limited (a licensed corporation that can conduct Type 1 (securities trading) and Class 6 (advising on institutional financing) regulated activities under the Securities and Futures Ordinance) has been appointed as an independent financial advisor to advise the Independent Board Committee and independent shareholders on the offer, in particular whether the offer is fair and reasonable and whether the offer should be accepted. The appointment has been approved by the Independent Board Committee in accordance with Rule 2.1 of the Takeovers Code.