Summary by Futu AI
Isola Castle Ltd (Contracting Party) has made a voluntary conditional cash offer for all of the issued shares of Vida International Holdings Limited (share code: 3331), with the exception of such shares already owned by the Contracting Party and the Contracting Concessor, in cash of HK$23.50 per share. The draft agreement was published on 8 March 2014 and closed at 4pm on 2 April 2014. The testator is wholly owned by APRIL, APRIL is wholly owned by Fiduco Trust Management PTC, Fiduco Trust Management PTC is the trustee of the trust established by Mr. Tanoto (as the grantor), whose beneficiaries are Mr. Tanoto's direct relatives. The Contracting Party and the Contractor jointly own an interest in a total of 966,416,793 shares (approximately 80.31% of the Company's issued share capital at the last effective date). The Contracting Board of Directors includes Mr. Lee Chong and Mr. George Thomas Dantas. THE SOLICITOR AND APRIL HAVE THEIR RESPECTIVE COMMUNICATIONS ADDRESSES IN HONG KONG, 21ST FLOOR AND ATTIC, 29 QUEEN'S ROAD CENTRAL, HONG KONG.