Summary by Futu AI
Cofco Packaging Holdings Limited ("Cofco Packaging") issued a joint announcement on June 11,2024, clarifying an error in a previous announcement jointly issued by Huarui Fengquan Development Co., Ltd. ("Huarui") and Cofco Packaging on June 7, 2024. The error involves the conditional voluntary full-cash offer proposed by Huarui to acquire all the outstanding shares of Cofco Packaging. The premium percentage mentioned in the original announcement was 44.5%, but it should be 31.0%. The offer price was calculated based on Cofco Packaging's pro rata net asset value as of December 31, 2023. In addition to the revision of the premium percentage, all other information provided in the original announcement remains unchanged. The directors of Huarui and Cofco Packaging are responsible for the content of the joint announcement and ensure that, apart from the revised premium percentage, there are no other misleading statements.