These are my estimates:
The "X Group" held between 180-225m shares in total before the company went into suspension.
Zijin needs 75% of the 360m held by Minorities which equates to 270m.
With only 14m traded since Nov 2017 Zijin has a long way to go to takeover NKP.
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- Ann: Proposal By Zijin To Acquire 100% of the Company
Ann: Proposal By Zijin To Acquire 100% of the Company, page-30
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