Summary by Futu AI
CENTRUM VEHICLES (GROUP) CO., LTD. ANNOUNCES THAT IT WILL REPURCHASE ALL ISSUED H SHARES (EXCEPT FOR THE HOLDERS OF THE CENTRAL GROUP AND ITS CONFORMING PARTIES) ON BEHALF OF UBS AT A PRICE OF HK$7.5 PER H SHARE, AND PROPOSES THAT THE H SHARES BE VOLUNTARILY WITHDRAWN FROM THE HONG KONG STOCK EXCHANGE LIMITED. The Offer to Repurchase of H Shares is now available for acceptance and the first closing date is 4 p.m., May 2, 2024. The Provisional General Meeting, the Class H General Meeting and the Class A General Meeting will be held on 18 April 2024 to approve the offer to repurchase H shares and the voluntary delisting. The CCG and its Consistent Accomplices have made an irrevocable undertaking not to accept the offer to repurchase H Shares. Independent H shareholders have also made an irrevocable undertaking to accept the offer to repurchase H shares. The Directors of the Company are jointly and severally responsible for the accuracy of the information contained in this Agreement.