Mobile Internet (China) Holdings Limited (HK:1439) has released an update.
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Mobile Internet (China) Holdings Limited has updated stakeholders on the progress of a mandatory cash offer by Max Tuner Limited, with shareholders approving related transactions and the company actively working towards resuming trading. Conditions for the offer’s completion include the approval of share listings and fulfilling resumption guidance, with a significant hearing set for June 18, 2024. Financial arrangements have been secured to ensure the offer’s viability, provided certain milestones are met by August 31, 2024.
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