Megain Holding says conditions for Geehy’s possible mandatory cash offer still pending ahead of Aug. 31 long-stop date

PUBT·06/22/2026 08:40:06

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A possible unconditional mandatory cash offer is pending for Megain Holding, led by Geehy International via ICBC International Capital.
Completion remains conditional, with a long-stop date of Aug. 31, 2026, unless extended by agreement.
Key outstanding items include stock exchange clearance to list the specific mandate subscription shares plus internal consents for the subscription deals.
Only offshore direct investment approvals tied to the share purchase and subscription were satisfied, on Apr. 30, 2026.
An EGM is set for June 29, 2026 to seek approval for the specific mandate subscription.

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 regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260622-12209991), on June 22, 2026, and is solely responsible for the information contained therein.

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