China's Xinhua TV (08356) and the offender Shunleetat (BVI) Limite...
According to the Zhitong Finance App, China's Xinhua TV (08356) and the offender Shunleetat (BVI) Limited jointly announced that the share offer ended at 4:00 p.m. on April 29, 2024 (Monday), and the offeror has not made any further revisions or extensions.
At 4:00 p.m. on April 29, 2024 (Monday) (that is the last time and date of acceptance of the share offer), the offeror received valid acceptance of a total of 202 million shares accepted under the share offer, accounting for about 3.5% of the company's total issued share capital on the date of this joint announcement.
Following the end of the share offer and the date of this joint announcement, the public (as defined in the GEM Listing Rules) will hold 2,596 billion shares, accounting for approximately 45.4% of the company's total issued share capital, upon completion of the transfer of these accepted shares to the offeror. Accordingly, as of the date of this joint announcement, the Company continues to comply with the minimum public shareholding requirement under section 11.23 (7) of the GEM Listing Rules.