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UJU HOLDING LIMITED Appoints Independent Financial Adviser for Offer Evaluation
UJU HOLDING (01948.HK): BOCI Financing has been appointed as an independent financial advisor.
Gelonghui, May 13 – UJU HOLDING (01948.HK) announced that the Board of Directors hereby declares that Bosi Finance Limited (a licensed entity engaged in regulated activities under the Securities and Futures Ordinance (Cap. 571) of Hong Kong, category 1 (Securities Trade) and category 6 (Advising on Corporate Finance)) has been appointed as the independent financial advisor to provide advice to the Independent Board Committee regarding the offer. The appointment of Bosi Finance Limited as the independent financial advisor has been approved by the Independent Board Committee in accordance with Article 2.1 of the Takeover Code.
Have Uju Holding Insiders Been Selling Stock?
UJU HOLDING (01948.HK) received a shareholding increase of 0.304 billion ordinary shares from Autumn Harvest Ltd and its affiliated parties, valued at approximately 0.213 billion Hong Kong dollars.
On May 8, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 8, Autumn Harvest Ltd increased its shareholding in $UJU HOLDING (01948.HK)$ by acquiring 0.304 billion shares of common stock at an average price of HKD 0.7 per share in over-the-counter trading on May 7, valued at approximately HKD 0.213 billion. After the increase, Autumn Harvest Ltd's latest number of shares held is 0.304 billion, raising the holding ratio from 0.00% to 50.62%. This Trade involves Other related parties: Cheng Yu and Ma Xiaoxia. Supplementary information: On 7 May 2025,
After resuming trading, it surged over 300%, with a takeover offer driving UJU HOLDING (01948) to "take off"?
On May 8th, UJU HOLDING (01948) resumed trading and surged over 300%, causing significant attention from the market.
Selling control for 0.21 billion! UJU HOLDING's share price surged by 300% at one point after resuming trading.
Independent third-party takeover.
