AFFLUENT FDN (01757) acquired 75% of the shares by China Venture Capital Holdings and received a cash offer discount of approximately 79.06%. It will resume trading on October 24th.

AFFLUENT FDN (01757) and the offeror China Venture Capital Holdings Limited jointly announced on October 15, 2025, the seller Oriental Castle Group Limited, the guarantor, and the offeror entered into a sale and purchase agreement. The seller agreed to sell and the offeror agreed to buy the shares for sale, which is 900 million shares, equivalent to 75% of the total issued share capital of the company as of the date of this joint announcement, for a total cash price of HK$80 million (i.e. HK$0.089 per share for the shares for sale), which has been fully settled by the offeror through financing obtained by the offeror from its appointed financial advisor. The completion is effective immediately after the signing of the sale and purchase agreement. Upon completion, the offeror and its concert parties will hold 900 million shares, representing 75% of the total issued share capital of the company, and the seller will no longer be a shareholder. Upon completion, the offeror and its concert parties will hold 900 million shares, representing 75% of the total issued share capital of the company. In accordance with Rule 26.1 of the Takeovers Code, the offeror is required to make a mandatory unconditional cash offer for all the issued shares (excluding the shares already held by the offeror and its concert parties or agreed to be acquired by them). The offer price per offer share is HK$0.089 in cash, representing a discount of approximately 79.06% to the closing price of HK$0.425 per share as reported on the last trading day on the Stock Exchange. The company has applied for the resumption of trading on the Stock Exchange from 9:00 am on October 24, 2025.