Morgan Stanley Capital Services discloses dealings in CNBM shares

Morgan Stanley Capital Services LLC, a Class 5 associate connected with an offeror, disclosed dealings in derivatives related to China National Building Material Company Limited (CNBM) shares on February 14, 2025. The transactions, executed on February 13, 2025, included both purchases and sales facilitated by unsolicited client orders. Specifically, the firm purchased 128,000 derivatives with a maturity date of March 15, 2027, at a reference price of $3.8659, amounting to $494,840.00. Concurrently, they sold an equal amount of derivatives with the same maturity date and reference price, also for $494,840.00. In addition, the firm purchased 1,048,000 derivatives maturing on July 24, 2028, at $3.8311, for $4,015,029.48. Post these transactions, the resultant balance shows no net change as there is no agreement, nor understanding. The dealings were made for the firm's own account, and Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.