Latest data from the Hong Kong Stock Exchange reveals that on January 28, a shareholder of Kangda Food (00834) deposited shares with Delyn Securities Hong Kong. The deposited shares had a market value of HK$27.2258 million, representing 17.17% of the company's issued share capital.

Earlier, on January 13, a Kangda Food shareholder had also deposited shares with Delyn Securities Hong Kong. That transaction involved shares valued at HK$30.3373 million, accounting for the same 17.17% stake.

On December 19, 2025, Kangda Food and the offeror, Hong Kong Shengyuan Holdings Limited, jointly announced that the takeover offer had lapsed at 4:00 p.m. that day, unrevised and unextended by the offeror.

The offeror had received 32 valid acceptances for the offer, totaling approximately 78.218 million shares. This represented about 17.27% of the company's total issued share capital as of the joint announcement date.

Following the close of the offer, the offeror and parties acting in concert with it held interests in an aggregate of approximately 326 million shares. This constituted about 71.96% of the company's total issued share capital at the date of the joint announcement.

Based on the offer price of HK$0.265 per share and the 32 valid acceptances for approximately 78.218 million shares, the total consideration for the offer amounted to approximately HK$20.7278 million.