Summary by Futu AI
Lufax Holding Ltd, a subsidiary of Ping An Insurance, and its financial advisor, Morgan Stanley Asia Limited, announced on July 24, 2024 that the comprehensive documents originally scheduled to be sent on or before July 24, 2024 will be postponed until August 30, 2024 or later. The comprehensive document includes detailed information about Lufax's tender offer, including the expected timetable and terms, board letters, independent director committee recommendation letter, and independent financial advisor's opinion letter. The reason for the postponement is that more time is needed to organize information, including details of the Lufax U.S. offer. The Lufax tender offer includes a possible mandatory unconditional cash offer to acquire all issued Lufax shares and American Depositary Shares, as well as the cancellation of all unattributed Lufax options. The directors of Ping An Insurance, Anke Technology, and Ping An Insurance Overseas (Holdings) Limited are responsible for the accuracy of the joint announcement and confirm that the announcement is made after careful consideration and there are no omissions of facts.