Three Apple Industry Holdings Group (Hong Kong) Limited (「Three Apple Industry Holdings」), through Silverbricks Securities Company Limited, has launched a mandatory unconditional cash offer for all the issued shares of i.century Holding Limited (stock code: 8507) not already owned or agreed to be acquired by Three Apple Industry Holdings and its concert parties.

According to the published Composite Offer and Response Document, the offer price is set at HK$0.125 per share. Three Apple Industry Holdings and parties acting in concert have acquired 70% of i.century’s issued share capital and now extend the same offer price to remaining shareholders. The offer is scheduled to remain open for acceptances from 31 October 2025 to 21 November 2025.

The document states that the acquired shares will be fully paid and come with all rights, including any future dividends or distributions declared after the offer’s announcement. The timetable notes that remittances for valid acceptances will be distributed within seven business days after acceptance and documents of title have been verified.

i.century’s principal business involves apparel supply chain management, providing services ranging from product development to logistics management. Three Apple Industry Holdings has stated its intention to maintain i.century’s listing on GEM, subject to sufficient public float. Should the offer lead to public float falling below 25%, trading in i.century’s shares may be suspended until compliance with relevant listing requirements is restored.