Hengli Optical (01134): The possibility of controlling shareholder Top Frontier selling shares has been terminated. The offer period ended and trading will resume on December 2nd.

The Zhitong Finance APP reported that Hang Fat Optical (01134) announced that its controlling shareholder, Vertex, may sell approximately 54.19% of the company's issued share capital. On November 29, 2025, Vertex and the board were informed that the potential buyer would not continue with the possible sale. Discussions between the potential buyer and Vertex regarding the possible sale have been terminated and no formal agreements have been reached. Therefore, the possible mandatory unconditional general offer for all issued shares (excluding shares held or agreed to be acquired by the potential buyer and its concert parties) as set out in the announcement pursuant to Rule 26.1 of the Takeovers Code will not proceed. The board further understands that discussions between the potential buyer mentioned in the announcement and the company's minority shareholders (including independent non-executive director Mr. Leung Ka-Ting) have also been terminated with no formal agreements reached. The offer period under the Takeovers Code will end on the date of this announcement, which is December 1, 2025. The company has applied to the Stock Exchange for the resumption of trading of its shares on the Stock Exchange on the morning of December 2, 2025.