CNT Group Receives HK$0.10-per-Share Cash Offer from Prime Surplus and SHK Hong Kong Industries

Bulletin Express
05/29

1. Offer Overview Prime Surplus Limited and SHK Hong Kong Industries Limited (together, “the Offerors”) have issued a composite document dated 29 May 2026 outlining a voluntary conditional cash offer for all the issued shares of CNT Group Limited (“CNT”). Shareholders who wish to tender their holdings must use the prescribed Form of Acceptance to transfer their shares to the Offerors.

2. Consideration and Settlement • Offer price: HK$0.10 in cash for each CNT share. • Settlement terms: Payment will be made by cheque, crossed “Not negotiable – account payee only,” within seven business days after (i) the date the offer becomes or is declared unconditional, and (ii) the Registrar’s receipt of all valid documentation—whichever is later. Seller’s ad valorem stamp duty will be deducted from the payable amount.

3. Key Timetable • Final time and date for acceptance: 4:00 p.m., 22 June 2026, unless extended with the Executive’s consent. • Completed Forms of Acceptance, together with share certificates or other relevant title documents, must be submitted to Tricor Investor Services Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong. Envelopes should be marked “CNT Offer.”

4. Transfer Mechanics • Shareholders (“Transferors”) must state the exact number of CNT shares being tendered. • Shares will be transferred to the Offerors (Prime Surplus Limited and/or SHK Hong Kong Industries Limited) free of all encumbrances, together with all rights attached, including any dividends or distributions declared on or after the offer document date. • Incomplete or incorrect forms will be returned for correction and must be resubmitted before the acceptance deadline.

5. Overseas Shareholders and Taxation Holders residing outside Hong Kong are responsible for ensuring compliance with their local regulations, obtaining necessary approvals, and bearing any related taxes or duties. Acceptances are deemed to confirm such compliance and to indemnify the Offerors, their concert parties, advisers, and agents against any associated liabilities.

6. Regulatory and Administrative Details • Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited, and Hong Kong Securities Clearing Company Limited assume no responsibility for the contents of the Form of Acceptance. • The branch share registrar is Tricor Investor Services Limited. • Personal data supplied in the Form of Acceptance will be used solely for processing the acceptance and related regulatory requirements, in accordance with the Personal Data (Privacy) Ordinance.

CNT shareholders intending to accept the offer should review the composite document in full and adhere strictly to the submission procedures and timetable.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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