Greentech International (00195): The offeror intends to increase the offer price per share from HK$0.25 to HK$0.45

According to the Zhitong Finance App, Greentech International (00195) announced that the offender High Energy Environment (Hong Kong) Investment Co., Ltd. intends to revise part of the takeover offer (revised partial takeover offer) to raise the offer price per share from HK$0.25 to HK$0.45 (revised offer price). The maximum number of shares offered under the revised partial takeover offer remains unchanged (i.e. 220 million shares offered). Based on the revised offer price of HK$0.45 per share, and assuming that the eligible shareholders effectively accept the revised partial takeover offer for all 220 million shares of the offer, the total cash cost payable by the offeror to purchase 220 million shares of the offer from the eligible shareholders in accordance with the revised partial takeover offer will be HK$99 million.