CITIC Pacific, a unit of CITIC Ltd and which owns 56.81% of Dah Chong Hong, will offer HK$3.70 per share to acquire the outstanding 816.77 million shares in the firm that it does not already own.

The offer price represents a 37.55% premium over the stock's closing price of HK$2.69 on Oct. 14. Trading in Dah Chong Hong shares, which was suspended on Oct. 15, will resume on Monday.

Dah Chong Hong will apply for a withdrawal of listing from the Hong Kong bourse upon completion of the deal.

($1 = 7.8423 Hong Kong dollars)

(Reporting by Donny Kwok; Editing by Christopher Cushing)