Z FIN (01168) received a premium of about 61.37% from the controlling shareholder, proposed privatization and resumed trading on July 22

Zhitong Finance App News, Z FIN (01168) and the offender ASIA PACIFIC PROMOTION LIMITED jointly announced that on July 9, 2026 (after the trading period), the offeror requested the board of directors to submit this proposal to the planned shareholders to privatize the company by means of an agreement arrangement in accordance with section 99 of the Company Law. The plan will involve cancellation of the plan shares, payment of the cancellation price of each plan share in cash to the plan shareholders (at cost), and cancellation of the listing status of the shares on the Stock Exchange. The cancellation price for each planned share is HK$6.60, which is approximately 61.37% premium over the closing price of HK$4.09 per share on the Stock Exchange on the last trading day. The maximum cash cost payable by the offeror under this proposal is approximately HK$1,019 million.

Furthermore, the company has applied to the Stock Exchange to resume trading of shares on the Stock Exchange from 9:00 a.m. on July 22, 2026.

On the date of the announcement, the offender was the controlling shareholder of the company, and Mr. Ou Yaping was the sole shareholder of the offender. The main business of the offeror is investment holding.