Yorkey Optical (2788 HK): Court Meeting On 22 Feb. IFA Says Fair

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193 Views, 19 Jan 2022 09:01

EXECUTIVE SUMMARY

Yorkey Optical International Cayman (2788 HK)'s Scheme Document is now out, with the Court Meeting to be held on the 22 February.
Asia Optical (3019 TT) is offering HK$0.999/share, a 75.3% premium to the undisturbed close. David Webb has given an irrevocable undertaking to vote his shares in favour of the Scheme
This transaction is all stitched up. The Independent Financial Advisor considers the terms to be fair and reasonable.

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