Ping An Health Medical Technology Co., Ltd. (PA GOODDOCTOR) announced on December 13, 2024, the latest developments regarding a potential mandatory general offer. The resolution to declare a special dividend was formally passed at the extraordinary general meeting held on December 4, 2024.According to the announcement, Anxin may increase its shareholding percentage beyond 2% of the company's enlarged issued share capital due to the choice of receiving the special dividend in shares. This may trigger a mandatory general offer under Rule 26 of the Takeover Code. The deadline for shareholders to submit the choice form for receiving the special dividend in shares is expected to be around early January 2025. The company will issue a circular in due course, providing details and a timetable for...Show More

Ping An Health Medical Technology Co., Ltd. (PA GOODDOCTOR) announced on December 13, 2024, the latest developments regarding a potential mandatory general offer. The resolution to declare a special dividend was formally passed at the extraordinary general meeting held on December 4, 2024.According to the announcement, Anxin may increase its shareholding percentage beyond 2% of the company's enlarged issued share capital due to the choice of receiving the special dividend in shares. This may trigger a mandatory general offer under Rule 26 of the Takeover Code. The deadline for shareholders to submit the choice form for receiving the special dividend in shares is expected to be around early January 2025. The company will issue a circular in due course, providing details and a timetable for the scrip dividend scheme.The company will issue monthly update announcements in accordance with Rule 3.7 of the Takeover Code until a clear offer intention is announced or Anxin decides not to proceed with the offer. The company reminds shareholders and potential investors to act with caution when trading the company's securities and to consult professional advisors if in doubt.