SMART FISH (00139) Accumulates 17.42 Million Shares of CMBC CAPITAL

Stock News
02/23

SMART FISH (00139) announced that between February 23, 2025, and February 23, 2026, the group acquired a total of 17.421 million shares of CMBC CAPITAL on the open market. The total consideration for the acquisitions was HKD 24.4644 million, excluding transaction costs. The average price paid per CMBC CAPITAL share, excluding stamp duty and related fees, was approximately HKD 1.52. The total consideration, including transaction costs, amounted to approximately HKD 24.495 million and was funded from the group's existing financial resources. The acquired shares represent approximately 1.59% of CMBC CAPITAL's total issued share capital as of the date of this announcement. Following the completion of these acquisitions, the group holds a total of 25.7853 million shares in CMBC CAPITAL, representing approximately 2.35% of its issued share capital. After careful consideration of information concerning CMBC CAPITAL, including its financial performance and business prospects, the directors hold a positive view of CMBC CAPITAL's future. The acquired CMBC CAPITAL shares will be classified as financial assets measured at fair value through other comprehensive income in the group's financial statements. The directors believe the acquisitions represent a quality investment opportunity for the group, helping to expand its portfolio of quality assets, and consider the investments attractive with the potential for satisfactory returns. The group intends to make further acquisitions of CMBC CAPITAL shares in the market. Should any such further acquisitions fall under a higher classification of transaction pursuant to Chapter 14 of the Listing Rules, a separate announcement will be made in due course.

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