According to Zhitong Finance App, Yingde Holdings (08535.HK) announced that Dayou Finance Co., Ltd. (a licensed corporation that can carry out Type 1 (securities trading) and Type 6 (advising on institutional financing) regulated activities under the Securities and Futures Ordinance) has been appointed as an independent financial advisor to provide advice to the Independent Board Committee on the offer. The appointments have been approved by the Independent Board Committee in accordance with Rule 2.1 of the Takeovers Code.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.