Tian Ge (01980.HK): Subject to Partial Tender Offer by Sina Hong Kong; Shares to Resume Trading Today
Tian Ge Interactive Holdings Limited (01980.HK) released an inside information announcement and a resumption of trading announcement on January 22.
The announcement disclosed that on January 8, 2026, the Company received a letter from Yuming Investment Management Limited on behalf of Sina Hong Kong Limited, stating its firm intention to make a voluntary conditional cash partial tender offer. The offer is intended to acquire 32.5 million shares of the Company, excluding the shares already held by Sina Hong Kong and its concert parties. Sina Hong Kong published an announcement in respect of the possible partial tender offer on January 21, 2026.
The Company stated that it will publish further announcements in relation to this possible partial tender offer in a timely manner in accordance with the Listing Rules and the Takeovers Code. At the same time, it reminded shareholders and potential investors that the possible offer is subject to the fulfillment of certain conditions and is therefore subject to uncertainty.
At the request of the Company, its shares were temporarily suspended from trading at 9:01 a.m. on January 16, 2026. The Company has applied to the Stock Exchange of Hong Kong Limited (SEHK) for the resumption of trading of its shares at 9:00 a.m. on January 22, 2026.
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