MAOYE INT'L (00848) Subsidiary Taiyuan Maoye Accepts Offer for 85.5 Million Shares of SHENGJINGBANK (02066)

Stock News

Oct 19

MAOYE INT'L (00848) announced that on October 17, 2025, its wholly-owned subsidiary Taiyuan Maoye accepted an offer for its 85.5 million shares of SHENGJINGBANK (02066) at a price of RMB 1.45 per share. The total consideration to be received by Taiyuan Maoye is approximately RMB 124 million. This sale is part of a tender offer for domestic shares made to all independent domestic shareholders, including Taiyuan Maoye. According to the independent financial advisor’s letter included in the comprehensive documents, the offer price and the tender offer are fair and reasonable for independent domestic shareholders. Therefore, the company believes that this tender offer represents a good opportunity for the group to realize its investment and obtain funds to support its business, especially since domestic shares are unlisted and domestic shareholders have no other public market to trade these shares.

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The total consideration to be received by Taiyuan Maoye is approximately RMB 124 million. This sale is part of a tender offer for domestic shares made to all independent domestic shareholders, including Taiyuan Maoye. According to the independent financial advisor’s letter included in the comprehensive documents, the offer price and the tender offer are fair and reasonable for independent domestic shareholders. Therefore, the company believes that this tender offer represents a good opportunity for the group to realize its investment and obtain funds to support its business, especially since domestic shares are unlisted and domestic shareholders have no other public market to trade these shares.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1122","symbol_name":"百货商店","start_time":0,"source_url":"","article_id":"1150283459","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1150283459","pubTimestamp":1760869927,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"MAOYE INT'L (00848) announced that on October 17, 2025, its wholly-owned subsidiary Taiyuan Maoye accepted an offer for its 85.5 million shares of SHENGJINGBANK (02066) at a price of RMB 1.45 per...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1122":"百货商店","BK1235":"区域性银行","00848":"茂业国际","BK1249":"综合零售","BK1533":"百货业股","BK1560":"内银股","02066":"盛京银行"},"translate_title":"茂业国际(00848)附属太原茂业接纳要约收购盛京银行(02066)8550万股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00848":1,"02066":1},"content_text":"MAOYE INT'L (00848) announced that on October 17, 2025, its wholly-owned subsidiary Taiyuan Maoye accepted an offer for its 85.5 million shares of SHENGJINGBANK (02066) at a price of RMB 1.45 per share. 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