Super Intelligence Holdings (01402) resumed trading this morningcrashplaystation1At the beginning of the session, the stock price soared 177%crashplaystation1, the increase is now narrowing to a gain of 66crashplaystation1.67%, reporting 0crashplaystation1.30 Hong Kong dollars, with a turnover of 1.9439 million Hong Kong dollars.
Ultra-Intelligent Holdings announced that Luxurious Bay Capital (offeror) acquired 57.12% of the company's shares from Phoenix Time, involving 600 million shares, at a cash consideration of HK$138 million, equivalent to a price of HK$0.23 per share. After completion, the offeror and those acting in concert will hold 71.4% of the company's share capital and are required to make a mandatory face-to-face offer in accordance with regulations, at a price of HK$0.23 per share, a premium of 27.78% compared with before the suspension. After the deadline, the offeror intends to maintain the listing status of the company's shares.