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Wanshun Group Holdings (01746): A letter of intent between the seller and the potential buyer may cause changes in the company's control and the resumption of trading on July 13

Zhitongcaijing·07/10/2026 10:49:02
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Zhitong Finance App News, Wanshun Group Holdings (01746) issued an announcement. The board of directors was informed by the seller that on July 9, 2026 (after the trading period), the seller signed a letter of intent with the potential buyer. The letter of intent contains a number of preliminary terms relating to the seller's possible sale of sales shares (i.e. possible transactions) held indirectly by the seller to a potential buyer or relevant entity controlled by the potential buyer, which, if implemented, may cause changes in the Company's control and trigger a mandatory comprehensive offer of all issued shares (other than shares already owned or agreed to be acquired by the potential buyer or persons acting in concert with them (if any)) in accordance with the Takeovers Code. As of the date of this announcement, the seller indirectly held 750 million shares through Prime Pinnacle, equivalent to 75% of the company's total issued share capital.

The Company has applied to the Stock Exchange to resume trading of shares starting at 9:00 a.m. on July 13, 2026.