The Zhitong Finance App learned that Senhao Group (08285) resumed trading more than 183% this morning. As of press release, it had risen 183.02% to HK$0.30, with a turnover of HK$687,000.

According to the news, Senhao Group announced that the offender OME Holding Limited has acquired a total of 420 million shares, accounting for 75% of the issued share capital. The offeror will be required to make a mandatory unconditional cash offer for all issued shares, at an offer price of HK$0.143 per share, which is about 34.9% premium over the closing price of HK$0.106 before the suspension of trading. The offender is owned by Tan Suqin. The offeror confirms that the offer price is final and will not be increased. The offeror intends to maintain the listed status of the shares on the Stock Exchange after the end of the offer.

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