Jinchuan Intl: Gong Hailin Launches Voluntary Partial Offer for Up to 130.00 Million Shares at HK$0.30 Each

Bulletin Express
Jun 09

Key transaction terms • Offeror and agent: Gong Hailin, acting through AFG Securities Limited, is making a voluntary partial cash offer to acquire up to 130.00 million shares of Jinchuan Group International Resources Co., Ltd. • Price: HK$0.30 per share, payable in cash. • Maximum funding: If fully taken up, the offer consideration totals HK$39.00 million.

Offer structure and mechanics • Nature of offer: Partial—shareholders may tender any number of shares, but the Offeror will accept only a pro-rata portion if total valid acceptances exceed 130.00 million shares. Fractional entitlements will be rounded up or down to the nearest whole share at the Offeror’s discretion. • Closing timeline: Acceptance documents must reach Union Registrars Limited by 4:00 p.m. (Hong Kong time) on 7 July 2026, unless the offer period is extended with approval from the Takeovers Executive. • Settlement: Successful offerees will receive a “not negotiable—account payee only” cheque for the accepted shares. Certificates for any shares not taken up will be returned within seven business days after the closing date.

Administrative details • Acceptances require completion of the Form of Acceptance, accompanied by relevant share certificates or transfer receipts. • Overseas shareholders bear responsibility for ensuring compliance with local regulations before tendering.

Regulatory references • The offer is conducted under Hong Kong’s Takeovers Code; Rule 19.2 withdrawal rights apply only if the executive grants such rights under specific circumstances. • Personal data supplied in the Form of Acceptance will be handled in accordance with the Personal Data (Privacy) Ordinance.

Risk disclosure Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of the offer documentation and disclaim liability for any loss arising from reliance on it.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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