ASM-Led Consortium Wins Acceptance For 114 Million Green Leader Shares

Arygle Street Management (ASM)-led consortium said its offer to buy 230 million shares in delisted Green Leader Holdings, formerly listed as 0195, at HK$0.55 each received acceptance for more than 114 million shares, according to Ming Pao. The accepted shares represent 8.35% of Green Leader's equity and will be acquired in full. As the amount falls within the 230 million-share partial offer, no pro rata allocation is needed. Together with persons acting in concert with ASM, the stake will rise to 9.28%, making the group Green Leader's third-largest shareholder.