This is done. Trading at a 2.5%/29.5% gross/annualised spread. As a Scheme, there is always vote risk. But by all accounts, Shanghai Industrial is supportive. I'd pay up to ~HK$4.84/share.
What is covered in the Full Insight:
Introduction to Canvest and Grandblue's Offer
Shareholder and Market Reactions
Transaction Timeline
Shareholder Register Insights
Conclusion and Recommendations
Boomeranged on Tue, 13 May 2025 14:21
The Scheme comfortable got up - despite a last minute hiccup to adjourn the meeting. Seems one shareholder sought to postpone the meeting, which was subsequently rejected via an ordinary resolution. Introducing a new resolution on the day of the EGM without prior notice is poor corporate governance, in my view. More in "Discussions" at the bottom.