Dinos Environmental (01452) announced that Chuoyao Capital Co., Ltd. (Class 1 can be carried out under the Securities and Futures Regulations...
According to the Zhitong Finance App, Dinos Environmental (01452) announced that Chuoyao Capital Limited (a licensed corporation that can carry out Type 1 (securities transactions) and Type 6 (advice on institutional financing) regulated activities under the Securities and Futures Regulations) has been appointed by the company as an independent financial advisor to provide advice to the independent board committee and independent shareholders on whether the share subscription agreement and the proposed transactions (including share subscriptions), the grant of special authorizations, and the cleansing exemptions are fair and reasonable, and make recommendations on voting. The appointment of Cheuk Yao Capital Limited as an independent financial advisor has been approved by the Independent Board Committee in accordance with Rule 2.1 of the Takeovers Code.