Glolink reported on October 29th | Capital Grand (1329.HK) resumed trading and soared, rising more than 36% to HK$0.79 at one point during the day. On the news front, the group announced that First Capital Investment Holdings recommends privatizing Capital Grand, offering a cash price of HK$0.85 per share, a premium of 46.55% over the suspension price. After completion, an application will be made to the Hong Kong Stock Exchange to delist the shares. Currently, First Capital Investment Holdings holds a total of 67.57% of Capital Grand's shares. (Glolink)
港股异动丨首创钜大复牌大涨超36%，获大股东溢价46.55%提私有化
Hong Kong stocks unusual movement | Capital Grand resumed trading with a sharp rise of over 36%, receiving a 46.55% premium offer from the major shareholder for privatization.
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