Mobile Internet Holdings Extends Acquisition Offer

Mobile Internet (China) Holdings Limited (HK:1439) has released an update.

Mobile Internet (China) Holdings Limited, in partnership with Max Tuner Limited, has announced an extension for the completion of a mandatory unconditional cash offer for the acquisition of Mobile Internet’s shares, with the new long stop date set for August 31, 2024. Shareholders have approved the necessary transactions, while the company works towards satisfying the conditions for resuming stock trading, including dealing with a winding-up petition and publishing outstanding financial results. The company has been granted an extension for the despatch of the Composite Document, now due by September 11, 2024, or within seven days post Subscription Agreement completion.

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