Z FIN (01168) received a premium of approximately 61.37% from the controlling shareholder to privatize and resume trading on July 22nd.
Intelligence Financial News APP, Z FIN (01168) and the offeror ASIA PACIFIC PROMOTION LIMITED jointly announced that on July 9, 2026 (after trading hours), the offeror requested the board of directors to propose this suggestion to the planned shareholders to privatize the company in accordance with Article 99 of the Company Law in an agreed manner. The plan will involve the cancellation of planned shares, the payment of the cancellation price of HK$6.60 per planned share to the planned shareholders in cash (as consideration), and the delisting of the shares from the Stock Exchange of Hong Kong. The cancellation price of HK$6.60 per planned share represents a premium of approximately 61.37% compared to the closing price of HK$4.09 per share on the last trading day on the Stock Exchange of Hong Kong. The maximum cash consideration that the offeror is required to pay under the proposal is approximately HK$1.019 billion.
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