Yao Capital Limited, through Lego Securities Limited, is making a cash offer to acquire all issued shares of SEM Holdings Limited not already owned or agreed to be acquired by Yao Capital and its concert parties. An update issued jointly by Yao Capital Limited and SEM Holdings Limited notes a delay in sending out the composite document related to this offer. The companies stated that they will provide further updates regarding the expected despatch date of the document in due course.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEM Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251224-11967398), on December 24, 2025, and is solely responsible for the information contained therein.