Tile Axis B: Tile Axis Group intends to make a tender offer to acquire 39.39% of the company's shares. The offer price is 2.86 Hong Kong dollars per share.

date
26/01/2026
Blue Whale News, January 26th - Wazhao Group announced that it plans to launch a comprehensive tender offer to all unrestricted circulating shareholders with the aim of terminating the listing status of Wazhao Group B. The tender offer will be for a total of 158,600,000 shares, accounting for 39.39% of the total share capital of Wazhao Group B. The tender offer price is HK$2.86 per share, with payment to be made in cash. The tender offer period is 39 natural days, from January 20, 2026 to February 27, 2026. If, at the end of the tender offer period, the number of Wazhao Group B shares tendered by the public exceeds 39,050,000 shares, the tender offer will be effective.