Global Minting House receives approximately 65.54% stake acquisition by Chen Minghui and a roughly 28.57% discount to make a mandatory unconditional cash offer
Universal Printing House (08448) and the Offeror Digital Intelligence Holdings Limited jointly announce that the board has been informed by the sellers that on February 9, 2026, the offeror (as the buyer) entered into a sale and purchase agreement with the sellers (New Metro Inc., Mr. Xu Qingnai, and Mr. Zhou Wenqiang). Pursuant to this, the sellers conditionally agree to sell, and the offeror conditionally agrees to acquire all legal and beneficial ownership and interests in the shares being sold (a total of 65,410,500 shares), representing approximately 65.54% of the issued share capital of the company as of the date of this joint announcement, for a total consideration of HKD 22,893,700, equivalent to HKD 0.35 per share of the shares being sold.
Prior to the completion of the transaction, the offeror, Mr. Chen, and any persons acting in concert with him (excluding the sellers) do not own or control any shares or other relevant securities of the company (as defined in Rule 22 of the Takeovers Code). Immediately following the completion of the transaction and as of the date of this joint announcement, the offeror, Mr. Chen, and any persons acting in concert with him will own or control 65,410,500 shares, representing approximately 65.54% of the issued share capital of the company. Therefore, pursuant to Rule 26.1 of the Takeovers Code, after the completion of the transaction, the offeror will be obliged to make a mandatory unconditional cash offer for all issued shares of the company (excluding those already owned or agreed to be acquired by the offeror, Mr. Chen, and any persons acting in concert with him).
The offer price is HKD 0.35 per offer share, representing a discount of approximately 28.57% to the closing price of HKD 0.490 per share reported on the Stock Exchange on February 9, 2026.
The offeror was incorporated on January 13, 2026, as a limited liability company registered in the British Virgin Islands, solely for the purpose of making the offer and holding shares. The offeror is wholly beneficially owned by Mr. Chen Minghui. The sole director of the offeror is Mr. Chen Minghui.
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Global Minting House receives approximately 65.54% stake acquisition by Chen Minghui and a roughly 28.57% discount to make a mandatory unconditional cash offer
Universal Printing House (08448) and the Offeror Digital Intelligence Holdings Limited jointly announce that the board has been informed by the sellers that on February 9, 2026, the offeror (as the buyer) entered into a sale and purchase agreement with the sellers (New Metro Inc., Mr. Xu Qingnai, and Mr. Zhou Wenqiang). Pursuant to this, the sellers conditionally agree to sell, and the offeror conditionally agrees to acquire all legal and beneficial ownership and interests in the shares being sold (a total of 65,410,500 shares), representing approximately 65.54% of the issued share capital of the company as of the date of this joint announcement, for a total consideration of HKD 22,893,700, equivalent to HKD 0.35 per share of the shares being sold.
Prior to the completion of the transaction, the offeror, Mr. Chen, and any persons acting in concert with him (excluding the sellers) do not own or control any shares or other relevant securities of the company (as defined in Rule 22 of the Takeovers Code). Immediately following the completion of the transaction and as of the date of this joint announcement, the offeror, Mr. Chen, and any persons acting in concert with him will own or control 65,410,500 shares, representing approximately 65.54% of the issued share capital of the company. Therefore, pursuant to Rule 26.1 of the Takeovers Code, after the completion of the transaction, the offeror will be obliged to make a mandatory unconditional cash offer for all issued shares of the company (excluding those already owned or agreed to be acquired by the offeror, Mr. Chen, and any persons acting in concert with him).
The offer price is HKD 0.35 per offer share, representing a discount of approximately 28.57% to the closing price of HKD 0.490 per share reported on the Stock Exchange on February 9, 2026.
The offeror was incorporated on January 13, 2026, as a limited liability company registered in the British Virgin Islands, solely for the purpose of making the offer and holding shares. The offeror is wholly beneficially owned by Mr. Chen Minghui. The sole director of the offeror is Mr. Chen Minghui.