Modern Dairy (01117.HK): Takeover Offer for China Shengmu, Offer Period Ends on July 21

NewTimeSpace News: On June 30, 2026, Modern Dairy (01117.HK) and China Shengmu jointly announced that the composite document setting out the offer terms, anticipated timetable, recommendations from the independent board committee of China Shengmu and opinions from the independent financial adviser, together with acceptance forms, were despatched to offeree shareholders on June 30, 2026 in compliance with the Takeovers Code.

The offer opened for acceptances on June 30, 2026, with the first closing time set at 4:00 p.m. on July 21, 2026. The offer is initially required to remain open for acceptances for a minimum of 21 days, and Modern Dairy reserves the right to extend the offer in accordance with the Takeovers Code. If the offer becomes or is declared unconditional at the first closing date, the latest time and date for acceptance of the offer will be 4:00 p.m. on August 4, 2026.

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