Press release
SYNTROPY ASSET MANAGEMENT (SWISS) COMMENCES TENDER OFFER OF HONG KONG YUAN HUA BIOTECHNOLOGY, INC.
ZURICH, SWITZERLAND – DEC 12, 2019: Syntropy Asset Mgmt, is today commencing its tender offer for all 500,000,000 shares of Second Round financing of Common Stock of HKY Biotech Inc., Hong Kong, at a price of US$5.00 per share, payable in cash. The offer, which has been unanimously approved and recommended by HKY Biotech’s Board of Directors is being made pursuant to the agreement between the two companies.The tender offer, which is currently scheduled to expired at 12:00 midnight EST on Friday, January 10th, 2020 (unless extended) is subject to the tender by HKY Biotech's shareholders and would represent a majority of the outstanding shares on a fully diluted basis, as well as other customary conditions.
HKY Biotech Inc. aims to become a leader in advanced drug delivery systems with Graphine Oxide being the key component. After extensive research and testing the firm’s proprietary protocols are now nearing completion of initial phase clinical trials in Hong Kong. Ken Holland, Head of Corporate Affairs for HKY Biotech said, "When completed, this tender offer provides the company with substantial cash reserves allowing for continued product development. Institutional sponsorship is critical to strengthening our market position for the long term".
With over 35 years of experience in mergers and acquisitions and corporate advisory, Syntropy Asset Mgmt Director of Bio-Pharm Transactional Services, Mr. Craig Kirkman, will be heading the project and is confident of a speedy, successful outcome given HKY Biotech’s technology and positioning in the bio-tech sector, commenting “HKY Biotech's potential life extending technology is a potential 'super generic' with far superior effectiveness over conventional cancer treatments”.
About Syntropy Asset Mgmt
Syntropy Asset Mgmt is a global corporate advisory with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, groups and individuals worldwide with its headquarters located in Hong Kong and Switzerland. Independent advice and intellectual rigor are hallmarks of our commitment to client success across our advisory services.
HKY Biotech, Inc.
HKY Biotech, Inc. is an independent biotech firm based in Hong Kong with a focus on the research and development of Nano-particle, bio-therapeutic drug delivery systems for the treatment of cancerous tumors, in particular lung cancer. The firm's core objective is to deliver highly innovative cancer therapies that currently have few, if any, effective treatment options.
Syntropy Asset Management
Chamestr, 172, 6300 Zug, Switzerland
Syntropy Asset Management direct market access, relationships, technology platforms and unique trading strategies enables order executions across all market caps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release SYNTROPY ASSET MANAGEMENT (SWISS) COMMENCES TENDER OFFER OF HONG KONG YUAN HUA BIOTECHNOLOGY, INC. here
News-ID: 1879296 • Views: …
More Releases for HKY
Global Orthophosphate Analyzer Market Size,Share,Depth Survey,2023-2028|Yokogawa …
Los Angeles, United States, - The report on the global Orthophosphate Analyzer market is comprehensively prepared with a main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It sheds light on key production, revenue, and consumption trends so that players could improve their sales and growth in the Global Orthophosphate Analyzer Market. It offers a detailed analysis of the competition and leading companies in…
Dissolved Oxygen Measurement Device Market Size, In-Deep Analysis Details, Appli …
LOS ANGELES, UNITED STATES: - The report on the global Dissolved Oxygen Measurement Device market is comprehensively prepared with main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It sheds light on key production, revenue, and consumption trends so that players could improve their sales and growth in the Global Dissolved Oxygen Measurement Device Market. It offers a detailed analysis of the…
Bioreactor DO (Dissolved Oxygen) Sensors Market 2021 | Detailed Report
The research reports on “Bioreactor DO (Dissolved Oxygen) Sensors Market” report gives detailed overview of factors that affect global business scope. Bioreactor DO (Dissolved Oxygen) Sensors Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team.
Download…
Silica Analyzer Market Trends 2021 | Segmentation, Outlook, Industry Report to 2 …
The Silica Analyzer Market size is expected to grow at an annual average of 4% during 2021-2027. Silage is an important means of preserving fresh feed for animals so that forage and nutrients are available in extreme weather conditions. Silage production is a well-established practice in North America and Europe, and trends are rapidly catching up in the Asia Pacific region.
(Get 15% Discount on Buying this Report)
A full report of…
Bioreactor DO (Dissolved Oxygen) Sensors Market 2020- Analysis And In-Depth Rese …
The research study presented here is an intelligent take on the global Bioreactor DO (Dissolved Oxygen) Sensors Market that explains important aspects such as competition, segmentation, and regional growth in great detail. Accuracy and preciseness are two of the key features of the report that reflect its authenticity. The authors of the report have focused on SWOT analysis, Porter's Five Forces analysis, and PESTLE analysis of the global Bioreactor DO…
Dissolved Oxygen Measurement Device Market Latest Review: Know More About Indust …
The recent research report published by Market Expertz on the Global Dissolved Oxygen Measurement Device Market renders the latest information and valuable insights to the readers to help them capitalize on the growth opportunities that will surface in the forecast duration. The market intelligence report gives a comprehensive analysis of the Global Dissolved Oxygen Measurement Device Market and includes a detailed investigation of the market, historical analysis of the information…