LIFESTYLE CHI (02136) issued an announcement that SOMERLEY CAP Limited (a licensed body that can carry out regulated activities under the Securities and Futures Ordinance for Type 1 (Securities Trade) and Type 6 (providing advice on corporate finance)) has been appointed as an independent financial advisor to provide advice to the Independent Director Committee regarding the proposals and plans.
According to a report from Zhitong Finance APP, LIFESTYLE CHI (02136) issued an announcement that SOMERLEY CAP Limited (a licensed body that can carry out regulated activities under the Securities and Futures Ordinance for Type 1 (Securities Trade) and Type 6 (providing advice on corporate finance)) has been appointed as an independent financial advisor to provide advice to the Independent Director Committee regarding the proposals and plans. The appointment has been approved by the Independent Director Committee in accordance with Rule 2.1 of the Takeover Code.
The letter of advice from SOMERLEY CAP Limited addressed to the Independent Director Committee regarding the proposals and plans will be included in the plan document and will be sent to the plan Shareholders in accordance with the provisions of the Takeover Code and other applicable laws and regulations in a timely manner.