【Block Pulse】On June 25th, it was reported that China Financial Leasing announced that the original shareholders Lin Shusong and Capital Venture have transferred a total of 121 million shares to the independent third party Longling Capital( at a total price of 46.08 million Hong Kong dollars, accounting for approximately 34.96% of the total share capital of the company.
According to the announcement, the offeror intends to make a general offer at a cash price of HK$0.38 per share. This price represents a premium of 13.43% over the company's closing price of HK$0.335 before the trading halt, with an estimated total offer amount of approximately 85.74 million Hong Kong dollars. The offeror is ultimately beneficially owned by Cai Wensheng, the founder and single largest shareholder of Meitu, as stated in the announcement. It is explicitly mentioned that after the offer deadline, the offeror plans to maintain the company's listing status.
The announcement pointed out that Cai Wensheng expressed his intention to build the group into an asset management platform, focusing on investing in technology incubation companies in Hong Kong, and increasing investment in artificial intelligence, Web3 industry, digital asset financial products, etc., to develop the group into a world-class investment holding group.
According to market data, the stock price of China Financial Leasing is now at 1.4 Hong Kong dollars, with a 24-hour increase of 317.91%.
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gas_fee_therapist
· 06-27 23:37
It's just a mere 40 million.
Reply0
rug_connoisseur
· 06-25 23:52
Is Old Cai starting to FOMO?
Reply0
screenshot_gains
· 06-25 23:15
I had long anticipated that Cai Wensheng would pull this move.
Reply0
LayerZeroHero
· 06-25 05:38
Data indicates that the premium rate is far lower than market expectations, and it really needs to be assessed carefully.
Reply0
HashBandit
· 06-25 05:30
hashrates don't lie but these web3 pivots do tbh smh
Meitu founder Cai Wensheng acquisition Chinese financial leasing layout Web3 and digital asset
【Block Pulse】On June 25th, it was reported that China Financial Leasing announced that the original shareholders Lin Shusong and Capital Venture have transferred a total of 121 million shares to the independent third party Longling Capital( at a total price of 46.08 million Hong Kong dollars, accounting for approximately 34.96% of the total share capital of the company.
According to the announcement, the offeror intends to make a general offer at a cash price of HK$0.38 per share. This price represents a premium of 13.43% over the company's closing price of HK$0.335 before the trading halt, with an estimated total offer amount of approximately 85.74 million Hong Kong dollars. The offeror is ultimately beneficially owned by Cai Wensheng, the founder and single largest shareholder of Meitu, as stated in the announcement. It is explicitly mentioned that after the offer deadline, the offeror plans to maintain the company's listing status.
The announcement pointed out that Cai Wensheng expressed his intention to build the group into an asset management platform, focusing on investing in technology incubation companies in Hong Kong, and increasing investment in artificial intelligence, Web3 industry, digital asset financial products, etc., to develop the group into a world-class investment holding group.
According to market data, the stock price of China Financial Leasing is now at 1.4 Hong Kong dollars, with a 24-hour increase of 317.91%.