Most Kwai Chung's stock surged 5.24% during intraday trading on Thursday, following the announcement of a cash offer for the company's shares.
The price movement comes after Brave Steed Legacy launched a cash offer to acquire shares in Most Kwai Chung at HKD 0.6963 per share. The offer documents were dated April 2, 2026, with an acceptance deadline set for 4:00 p.m. Hong Kong time on April 23, 2026. Boardroom Share Registrars (HK) was appointed to receive acceptance forms and share certificates for the transaction.