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China Innovation Investment Limited Announces Partial Offer for Elife Holdings Shares

Story Highlights
  • China Innovation Investment Limited plans to acquire 180 million shares in Elife Holdings.
  • The partial offer aims to increase the Offeror’s stake and influence in Elife Holdings.
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Confident Investing Starts Here:

China Innovation Investment Limited ( (HK:1217) ) has issued an update.

China Innovation Investment Limited has announced a pre-conditional voluntary cash partial offer by Mango Financial Limited to acquire 180,000,000 shares in Elife Holdings Limited, representing approximately 13.27% of its issued share capital. This move, subject to certain pre-conditions and conditions, aims to enhance the Offeror’s stake in Elife Holdings, potentially impacting the company’s market positioning and shareholder dynamics.

More about China Innovation Investment Limited

Average Trading Volume: 6,471,315

Technical Sentiment Signal: Sell

Current Market Cap: HK$128M

Find detailed analytics on 1217 stock on TipRanks’ Stock Analysis page.

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