Bright Securities Finance (01428.HK): The relevant processes of the acquisition matter are progressing as planned with the relevant departments.

date
15/08/2025
According to the Zhicheng Financial APP, on August 15th, Yao Ca Securities Finance (01428.HK) issued a clarification announcement, stating that it has noticed recent media reports pointing out that due to tightening regulatory scrutiny by Chinese authorities on the acquisition, the expected timetable for the acquisition may be delayed. After inquiring with the offeror, the company understands that the relevant process of the acquisition is proceeding as planned with the relevant departments. The offeror and the company will make further announcements on the completion conditions and the latest status of the offer at the appropriate time.