PAK TAK INT'L (02668) opened sharply higher, gaining over 11%. At the time of writing, the stock was up 11.39% to HK$0.44, with a turnover of HK$1.9272 million. On the news front, PAK TAK INT'L announced that on January 19, 2026, the company, acting as the potential buyer, entered into a memorandum of understanding with a major shareholder of a target company incorporated in the United Republic of Tanzania. The MOU concerns the potential purchase of part or all of the equity in the target company held by the potential seller. Based on information currently available to the group, the target company owns an operational gold processing plant and is engaged in gold exploration and production projects in Tanzania. To the best of the directors' knowledge, information, and belief, after making all reasonable enquiries, as of the date of this announcement, aside from the fact that one of the ultimate beneficial owners of the potential seller is the spouse of the company's independent non-executive director, Mr. Li Wubo, the target company, the potential seller, and their ultimate beneficial owners are independent of the company and its connected persons and are not connected with them. According to the memorandum of understanding, the company intends to conduct further due diligence on the target company and its assets with the potential seller, negotiate the terms of the transaction, and enter into a formal agreement within the MOU period, which is three months from the date of the MOU.