Easyknit International (1218) Announces Discloseable Transaction: Further Acquisition of Best Food (1488) Shares

Bulletin Express
2025/10/17

Easyknit International Holdings Limited (1218) reported a discloseable transaction following the acquisition of 3,042,000 shares in Best Food Holding Company Limited (1488). According to the announcement, the transaction was carried out on 17 October 2025 through Gold Winner, a wholly owned subsidiary of Easyknit International. The shares were acquired on the open market at a total cost of HK$1,825,200 (excluding stamp duty and expenses), equivalent to an average purchase price of approximately HK$0.60 per share.

Before the transaction, Easyknit International held 70,460,000 Best Food shares (4.46% of Best Food’s total issuance). After the purchase, the group holds 73,502,000 shares, representing 4.66% of Best Food’s total issued capital. The announcement highlights that the purchase aligns with Easyknit International’s principal business in securities investment and that the board views the outlook of Best Food positively. Under the Listing Rules, the size of this acquisition, combined with previous acquisitions announced in May 2025, exceeds 5% but remains below 25%, resulting in its classification as a discloseable transaction.

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