According to Zhitong Finance App, Coastal Home (01124.HK) and offender DEEP WATER STRATEGY LIMITE jointly announced that the board of directors was informed by the offeror on August 21, 2026 (after the transaction period) that the offeror (as buyer), the guarantee trustee and lender entered into a sales agreement. Based on this, the receiver conditionally agreed to the sale, and the offender conditionally agreed to purchase approximately 153 million shares (accounting for about 36.93% of the company's total issued share capital as of this joint announcement). All prerequisites under the sale agreement have been fulfilled, and the acquisition was completed on August 24, 2026.
Zhitongcaijing · 2d ago
Share
Listen to the news
According to Zhitong Finance App, Coastal Home (01124.HK) and offender DEEP WATER STRATEGY LIMITE jointly announced that the board of directors was informed by the offeror on August 21, 2026 (after the transaction period) that the offeror (as buyer), the guarantee trustee and lender entered into a sales agreement. Based on this, the receiver conditionally agreed to the sale, and the offender conditionally agreed to purchase approximately 153 million shares (accounting for about 36.93% of the company's total issued share capital as of this joint announcement). All prerequisites under the sale agreement have been fulfilled, and the acquisition was completed on August 24, 2026.
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.
What's Trending