Morgan Stanley discloses China National Building Material share dealings

Morgan Stanley Hong Kong Securities Ltd (MSHK), acting on behalf of Morgan Stanley Asia Products Ltd (MSAP), has disclosed its dealings in the shares of China National Building Material Company Limited (HKEX:3323) pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers. On March 3, 2025, MSHK sold 570,000 derivative warrants for a total of $36,530, with prices ranging from $0.0630 to $0.0650. Concurrently, MSHK purchased 250,000 derivative warrants for $16,000, at a uniform price of $0.0640. These dealings were market-making activities related to pre-existing derivative warrants on an EPT recognized by The Stock Exchange of Hong Kong. Morgan Stanley Asia Products Ltd (MSAP) is a Class (5) associate connected with the Offeror, and these dealings were executed for its own account. Morgan Stanley ultimately owns MSHK and MSAP.