Doyen Intl Hold (00668.HK) announced that Silver Bang (Offeror) proposes to privatize the company through an agreement arrangement, with a cash price of 0.35 yuan per share, a premium of 78.57% over the pre-suspension closing price. The investment amount involved is approximately 0.133 billion yuan. After the effectiveness, the company will apply to the Stock Exchange for the delisting of shares. Currently, the offeror and its concerted action parties collectively hold 61.64% of the company's share capital.
The company's shares have applied for resumption of trading on Tuesday (3rd).