Bright Smart Securities & Commodities Group Limited issued a disclosure on 2 March 2026 regarding dealings associated with a possible mandatory general offer. Morgan Stanley Capital Services LLC, described as a Class (5) associate connected with the offeror, reported four derivative transactions in its own account on 27 February 2026.
These transactions involved unsolicited client facilitation in the form of purchases and sales related to 10,000 shares and 32,000 shares, respectively. Each purchase and sale was carried out at reference prices of US$8.60 per share, with maturity dates ranging from 30 September 2027 to 30 November 2027. The total amounts paid or received for each set of transactions were US$85,960.05 and US$275,360.00. The disclosure indicated that Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.