YONGSHENG ADVANCED MATERIALS COMPANY LIMITED (3608.HK) VOLUNTARY CONDITIONAL GENERAL CASH OFFERS
Purchase price: HKD 1.00 in cash per share.
CONDITION OF THE OFFERS:
The Offers are subject to the following Conditions:
(i) valid acceptances of the Share Offer having been received (and not, where permitted, withdrawn) by 4:00 p.m. on the Closing Date (or such later time or date as the Offeror may decide, subject to the rules of the Takeovers Code) in respect of such number of Offer Shares which would result in the Offeror holding not less than 90% of the Disinterested Shares;
(ii) no event having occurred which would (a) make the Share Offer, the Option Offer, the acquisition of the Offer Shares or the cancellation of the Offer Options void, unenforceable or illegal; or (b) prohibit the implementation of the Offers; or (c) would impose any additional material conditions or obligations with respect to the Offers;
(iii) all necessary consents in connection with the Offers and in connection with the withdrawal of listing of the Shares from the Stock Exchange which may be required under any existing contractual obligations of the Company being obtained and remaining in effect (i.e. the consents required to be given by the counterparty(ies) of any contracts entered into between the Company and such counterparty(ies) when the Company withdraws the listing of its Shares on the Stock Exchange, pursuant to the terms of such contracts);
(iv) no relevant government, governmental, quasi-government, statutory or regulatory body, court or agency in Hong Kong, the Cayman Islands or any other jurisdictions having taken or instituted any action, proceeding, suit, investigation or enquiry (or enacted, made or proposed, and there will not continuing to be outstanding, any statute, regulation, demand or order) that would make the Offers or their implementation in accordance with their respective terms void, unenforceable, illegal or impracticable (or which would impose any material and adverse conditions or obligations with respect to the Offers or their implementation in accordance with their respective terms); and
(v) since the Announcement Date, there having been no material adverse change in the business, assets, financial or trading positions or prospects or conditions (whether operational, legal or otherwise) of the Group (to an extent which is material in the context of the Group taken as a whole). As at the Latest Practicable Date, the Offeror was not aware of any consent required under Condition (iii) above. Other than Condition (i), the Offeror reserves the right to waive, in whole or in part all or any of the Conditions set out above.
If you accept the corporate action, please fill in the following information before 4 pm on 19/09/2023, and forward it to cs@futuhk.com by registered email to submit your application.
1. FutuBull ID:
2. Name: (Name in Chinese or English)
3. Stock code: 3608.HK
4. Accepted corporate action shares: (fill in the number of shares applying for corporate action) [This corporate action does not accept additional applications]
Corporate action application fee:
Corporate action handling fee HKD 0.80 per board lot
Handling fee: HKD 1.00 per board lot (Minimum HKD 30)
Stamp duty fee: 0.13% per transaction amount
Transaction Settlement Date: After the market close on 15/09/2023 (Stocks purchased after this date will not be accepted for corporate action applications)
Deadline for corporate action on 19/09/2023 @ 16:00 (HONG KONG TIME GMT+8).
Note:
1. If you do not receive an email reply before the deadline, you will automatically be deemed to have given up this corporate action
2.This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
3. Please reserve enough funds to pay the handling fee, otherwise, it will be deemed as a waiver
4. If you fill in the wrong application information, you need to resend the email to submit the application
5. Listed and sold stocks cannot apply for corporate action
6. Once a corporate action is applied, it cannot be withdrawn
7. In case of any changes, the announcement of the listed company shall prevail