Joy City Property (00207.HK): New Boli financing appointed as independent financial advisor.
Wisdom Financial News APP, Joy City Properties (00207.HK) announced that licensed corporation New Century Finance Limited, which is authorized to engage in regulated activities of type 1 (securities trading) and type 6 (providing advice on corporate finance), has been appointed by the company as an independent financial advisor. According to the Code on Takeovers and Mergers, Rule 2.1, the advisor will assess whether the terms of the proposed and planned acquisition are fair and reasonable, and provide advice to non-related shareholders on voting at the court meeting in support of the proposed plan.
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