MS Group Holdings (01451) received an appointment from Director Zhong Guoqiang to transfer approximately 34.96% of the entire purchase offer. Trading will resume on May 6th.

MS GROUP HLDGS (01451) and the offeror L.V.E.P. Holdings Limited jointly announced that on April 20, 2026, L.V.E.P. intends to purchase 75 million shares from Ching Wai Holdings, representing approximately 36.69% of the total issued share capital of the company. The total cash consideration is HK$60 million, equivalent to HK$0.80 per share. Immediately following the completion and as of the date of this joint announcement, the offeror, Mr. Chung Kwok Keung, and Mr. Chung Ching Chun collectively hold 147,572,000 shares, representing approximately 72.20% of the total issued share capital on the date of this joint announcement. In accordance with Rules 13.1, 13.5, and 26.1 of the Takeover Code, the offeror must make a mandatory unconditional cash offer to acquire all the offer shares and cancel all the offer options. The offer will be made to the holders of the offer shares and offer options. The offer price per offer share is HK$0.80, representing a discount of approximately 34.96% to the closing market price of HK$1.23 per share on the last trading day. The total potential cash consideration payable by the offeror under the offer will be approximately HK$511.97 million. In addition, the company has applied to the Stock Exchange for the resumption of trading of its shares on the Stock Exchange from 9:00 am on Wednesday, May 6, 2026. As of the date of this joint announcement, the offeror is wholly beneficially owned by Mr. Chung Kwok Keung. Mr. Chung Kwok Keung is an executive director and the Group CEO, responsible for guiding the overall management of the Group, developing strategies, and supervising business operations.