-+ 0.00%
-+ 0.00%
-+ 0.00%
Ocean Vivo Completes Xin Yuan Share Purchase, Lifting Holding to 28.07%
Share
Listen to the news
Ocean Vivo Completes Xin Yuan Share Purchase, Lifting Holding to 28.07%
  • Ocean Vivo completed its acquisition of Xin Yuan Enterprises Group shares from Chen Yanbiao on November 2, 2026.
  • The buyer and its concert parties now hold 123,498,657 shares, representing 28.07% of issued shares.
  • Shares subject to the HK$ 2.21-per-share offer decreased from 348,856,029 to 316,501,343, representing 71.93% of issued shares.
  • Maximum payment under the offer fell from approximately HK$ 770.97 million to HK$ 699.47 million, assuming full acceptance.
  • Financial adviser ICBC International Capital confirmed sufficient resources remain available to meet the offer obligations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xin Yuan Enterprises Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261102-12395749), on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending