Jinchuan International Appoints Red Sun Capital as Independent Financial Advisor
Stock News
May 27
Jinchuan International (02362) has announced that Red Sun Capital Limited, a licensed corporation authorized under the Hong Kong Securities and Futures Ordinance (Chapter 571) to conduct Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities, has been appointed as the independent financial advisor. This appointment, approved by the independent board committee, is made in accordance with Rule 2.1 of the Takeovers Code. The advisor will provide guidance to the independent board committee regarding the partial offer, particularly on whether it is fair and reasonable and whether it should be accepted.
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