FilingReader Intelligence

Bright Smart Securities offer completion still pending

June 13, 2025 at 05:05 PM UTCBy FilingReader AI

Bright Smart Securities & Commodities Group Limited (HKEX:1428) and Wealthiness and Prosperity Holding Limited jointly announced a monthly update regarding the potential unconditional mandatory cash offer by Morgan Stanley Asia Limited for all issued shares of Bright Smart Securities. As of June 13, 2025, none of the Completion Conditions for the offer have been satisfied or waived. The Offeror has submitted applications to the SFC for approval and preliminary reporting documents to the National Development and Reform Commission of the PRC, with these submissions currently under review. Shareholders are reminded that the offer is contingent on Completion and are advised to read the composite document. Further announcements will be made as the status of the Completion Conditions and the offer evolve.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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