Jiutai Rural Commercial Bank delisting offer becomes unconditional
The voluntary conditional general cash offer by Jilin Financial Holding Group for Jilin Jiutai Rural Commercial Bank's H-Shares and Domestic Shares has become unconditional. This follows the passing of all special resolutions at the Extraordinary General Meeting and the H Share Class Meeting on October 24, 2025. The H Share Class Meeting saw 821,821,035 H Shares, representing approximately 85.03% of Independent H Shareholders, vote in favor of the delisting.
As of the First Closing Date on October 24, 2025, valid acceptances for 910,291,429 H Shares, representing 94.18% of issued H Shares, and 2,978,493,248 Domestic Shares, or 72.51% of issued Domestic Shares, have been received. The Offers will remain open until November 21, 2025.
The voluntary withdrawal of H-Shares from the Stock Exchange is expected to take effect at 4:00 p.m. on Monday, November 24, 2025. Trading in the H Shares remains suspended since March 12, 2025, and will continue until further notice.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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