Viva Goods (00933.HK) announced that it is proposed to privatize Bossini Int'l (00592.HK) through a scheme arrangement, with a consideration of 1 Viva share for every 5 shares held, equivalent to a price of 0.108 yuan per share, representing a discount of 12.20% compared to Bossini Int'l's last trading before suspension. Upon effectiveness, Bossini Int'l will apply to the Stock Exchange for the withdrawal of the listing status of the shares.

Both companies' shares have applied to resume trading on Thursday (17th).