Megain Holding says offshore investment approvals secured for Geehy cash offer plan

PUBT·05/13/2026 11:13:56

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Megain Holding (Cayman) is progressing toward a potential unconditional mandatory cash offer to acquire all outstanding shares not already owned or agreed to be acquired by offeror Geehy International.
Overseas direct investment approvals tied to Share Purchase Agreement and subscription were satisfied on Apr. 30, 2026.
Remaining conditions are still being worked through, including Stock Exchange approval for listing and trading of subscription shares.
Completion remains subject to conditions being met or waived by Aug. 31, 2026, or another date agreed in writing by parties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Megain Holding (Cayman) Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260513-12157904), on May 13, 2026, and is solely responsible for the information contained therein.

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