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中指控股(CIH.US)收到A类、B类股票收购提案

China Accusation Stock (CIH.US) received proposals to acquire Class A and Class B shares

Zhitong Finance ·  Oct 13, 2022 22:00

The Zhitong Finance App learned that China-based real estate information and analysis service platform provider CIH.US (CIH.US) has received a revised preliminary unrestricted proposal to acquire the company's Class A and Class B common stock.

The proposal was issued by a consortium composed of Fang Holdings (SFUNY.US), Tianquan Mo and its subsidiaries, True Knight, Digital Link Investments, and General Atlantic Singapore Fund.

The consortium hopes to buy a portion of the shares it currently does not own at a cash purchase price of $0.84 per share or American Depositary Shares (ADS) in the privatization deal.

The consortium currently owns a total of about 61% of all outstanding Class A shares and approximately 100% of all issued Class B shares. Shareholding accounts for 91.4% of the company's total voting rights.

The translation is provided by third-party software.


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