MAN SHUN GP (01746) will resume trading on January 30th after a change in ownership or a change in controlling stake.
Wanshun Group Holdings (01746) announced that on January 28, 2026, the seller Prime Pinnacle Limited and guarantor entered into a Memorandum of Understanding with potential buyer Winsun Special Assets International Co., Ltd.
MAN SHUN GP (01746) announced that on January 28, 2026, the seller Prime Pinnacle Limited and guarantor entered into a Memorandum of Understanding with potential buyer Winsun Special Assets International Co., Ltd. The Memorandum of Understanding sets out several preliminary terms relating to a possible transaction, involving the seller potentially selling its held shares to the potential buyer or related entities controlled by the potential buyer, which if realized, may result in a change of control of the company and trigger a mandatory general offer for all issued shares (excluding shares already owned or agreed to be acquired by the potential buyer, its ultimate beneficial owners, or any joint actors of the same). As of the date of this announcement, the seller holds 750 million shares, representing 75% of the total issued shares of the company.
The company has applied to the Stock Exchange for trading of the shares to resume at 9:00 am on January 30, 2026.
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