FilingReader Intelligence

ESR Cayman confirms privatization plan, delisting from HKEX

May 21, 2025 at 05:01 PM UTC•By FilingReader AI

ESR Cayman (HKEX: 1821) has announced the despatch of its scheme document on May 22, 2025, formalizing its proposal for privatization and subsequent delisting from the Hong Kong Stock Exchange. The privatization, initiated by MEGA BidCo, will allow the Company to streamline its operations and shift towards an asset-light platform as a private entity. Under the scheme, shareholders can elect to receive either HKD13.00 per share in cash or one EquityCo share for each ESR share held.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

(1) PROPOSAL TO PRIVATISE THE COMPANY BY WAY OF A SCHEME OF ARRANGEMENT UNDER SECTION 86 OF THE COMPANIES ACT (2) OPTION OFFERS TO CANCEL ALL OUTSTANDING OPTIONS (3) AWARD PROPOSAL TO CANCEL ALL OUTSTANDING AWARDS (4) SPECIAL DEAL RELATING TO THE EIS AND (5) PROPOSED WITHDRAWAL OF LISTING OF THE COMPANYMay 21, 2025 at 01:18 PM UTC

Supplementary Source Documents

JOINT ANNOUNCEMENT (1) PROPOSAL TO PRIVATISE THE COMPANY BY WAY OF A SCHEME OF ARRANGEMENT UNDER SECTION 86 OF THE COMPANIES ACT (2) OPTION OFFERS TO CANCEL ALL OUTSTANDING OPTIONS (3) AWARD PROPOSAL TO CANCEL ALL OUTSTANDING AWARDS (4) SPECIAL DEAL RELATING TO THE EIS AND (5) PROPOSED WITHDRAWAL OF LISTING OF THE COMPANY DESPATCH OF SCHEME DOCUMENT, OPTION OFFER LETTER AND AWARD PROPOSAL LETTERMay 21, 2025 at 01:47 PM UTC

ESR Cayman

HKEX:1821•Hong Kong Exchange

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