Jianlian Holdings (00459.HK)'s privatization plan approved, expected to delist on March 24

NightAirdropper · 2026-02-20T18:14:08+00:00

Grayscale February 20 Report: Jilian Holdings announced that it will propose a privatization to shareholders on December 3, 2025. If approved, the cancellation price will be HKD 0.133 per share, representing a 77.33% premium over the last trading price. The delisting is expected to take effect from March 24, 2026.

NightAirdropper

2026-02-20 18:14:08

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Gelonghui, February 20 — CYN Holdings Limited (00459.HK) announced that the offeror, Wealth Builder Holdings Limited, and the company jointly announced that on December 3, 2025, the offeror will request the board of directors to submit a proposal to the planned shareholders to privatize the company by means of a scheme. If the proposal is approved and implemented, it will result in the offeror privatizing the company under Section 86 of the Companies Ordinance and delisting the shares from the Stock Exchange of Hong Kong. The cancellation price is HKD 0.133 per planned share, representing a premium of approximately 77.33% over the last traded price of HKD 0.075 per share on the Stock Exchange. The delisting of the shares from the Stock Exchange is expected to take effect from 4:00 p.m. on Tuesday, March 24, 2026.

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