Mr Wei has tendered, and the offer is close to being declared unconditional. At the last close and 25 January payment, the gross/annualized spread was 0.8%/10.9%.
What is covered in the Full Insight:
Introduction to CPMC Holdings Offer
Details of ORG Technology's Offer
Regulatory and Acceptance Conditions
Current Acceptance Status
Forecast and Payment Timeline
Boomeranged on Wed, 8 Jan 2025 01:34
Based on CCASS data, ORG’s shareholding, including acceptances, is 50.10% of outstanding shares as of 7 January. Therefore, the offer has become unconditional. At the last close, the gross spread is 0.6%.