Summary by Futu AI
THE TENDER OFFER FOR THE ACQUISITION OF THE ENTIRE SHARE CAPITAL OF TIETTO MINERALS LIMITED (THE “TARGET COMPANY”) HAS COMPLETED ON 14 MAY 2024 THE TENDER OFFER FOR THE ENTIRE SHARE CAPITAL OF TIETTO MINERALS LIMITED (THE “TARGET COMPANY”). The tender period has ended at 7:00pm ET, and CIT Capital (an indirect wholly-owned subsidiary of China Gold Mining) has finally obtained 90.72% of the voting rights in the target company, making the target company a subsidiary of CPC Mining. UNDER THE LISTING RULES, THE ACQUISITION IS A DISCLOSEABLE TRANSACTION AND IS SUBJECT TO THE DECLARATIONS AND ANNOUNCEMENTS REQUIREMENTS OF CHAPTER 14 OF THE LISTING RULES, BUT IS EXEMPTED FROM COMPLIANCE WITH THE SHAREHOLDER APPROVAL REQUIREMENTS. The Board of Directors of China Gold Mining confirmed the completion of this transaction on 14 May 2024.