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Announced

Lai Sun Garment acquired eSun Holdings for HKD1.2bn.

Synopsis

Lai Sun Garment, a conglomerate in Hong Kong, acquired eSun Holdings, an investment holding company, primarily operates in the media and entertainment industry in Hong Kong, for HKD1.2bn. This transaction is a rare example of an offer for a Hong Kong-listed company triggering a chain principle offer for another Hong Kong-listed company pursuant to the Hong Kong Takeovers Code.

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