FilingReader Intelligence

Hong Kong Technology Venture takeover offer attracts minimal interest

August 12, 2025 at 11:15 AM UTC•By FilingReader AI

Mission Forward's unconditional mandatory cash offers for Hong Kong Technology Venture Company Limited closed August 12 with minimal uptake.

Valid acceptances totaled 1,865,248 shares, representing just 0.24% of total issued shares. No acceptances were received for the option offer.

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

JOINT ANNOUNCEMENT (1) CLOSE OF THE UNCONDITIONAL MANDATORY CASH OFFERS BY SOMERLEY CAPITAL LIMITED ON BEHALF OF MISSION FORWARD LIMITED TO ACQUIRE ALL OF THE ISSUED SHARES IN AND TO CANCEL ALL OUTSTANDING OPTIONS OF HONG KONG TECHNOLOGY VENTURE COMPANY LIMITED (OTHER THAN THOSE SHARES AND OPTIONS ALREADY OWNED BY MISSION FORWARD LIMITED AND PARTIES ACTING IN CONCERT WITH IT) (2) RESULTS OF THE OFFERS (3) SETTLEMENT OF THE OFFERS AND (4) PUBLIC FLOAT OF THE COMPANYAugust 12, 2025 at 10:55 AM UTC

Hong Kong Technology Venture Co

HKEX:1137•Hong Kong Exchange

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