Xingmei Culture 188bet mobile login continues to be suspended,2019 audited annual results to be released

Author of this 188bet mobile login: Zhang Jinchao 2020-09-27
The offeror estimates that it will take another month to complete the due diligence work.

Zhitong Finance APP News,Xingmei Culture 188bet mobile login (02366) Announcement,The group has delayed the publication of its full-year results for the year ended December 31, 2019 and its interim results for the six months ended June 30, 2020,Due to another public health incident、The group management is slow to respond and requires additional time to assess the basic value of the charged shares,It will take a long time to conduct due diligence on the charged shares and the group。Therefore,The offeror currently estimates that it will take approximately one month to complete the due diligence work。

No formal agreement has been entered into regarding the possible acquisition and the possible voluntary offer,While negotiations and due diligence are still ongoing,Consequently uncertain about the terms of the possible acquisition;Whether the possible acquisition will proceed or whether it will be carried out in accordance with Rule 26 of the Takeovers Code.1 188bet mobile login leading to mandatory general offer。The terms of the possible voluntary offer have not yet been determined。

The company’s shares have been suspended from trading on the Stock Exchange of Hong Kong Limited since 9:13 am on September 1, 2020,Pending the publication of the 2019 audited annual results、2019 Annual Report and 2020 Interim Results。Shares will be suspended from trading until further notice。

*Source of this 188bet mobile login: Zhitong Finance Network,Author: Zhang Jinchao,Original title: "Xingmei Culture and 188bet mobile login (02366) pending publication of 2019 audited annual results continues to be suspended》.

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