All Pre-Conditions Satisfied for Sina Hong Kong Limited’s Partial Offer for Tian Ge Interactive Holdings Limited (Stock Code: 1980)

Bulletin Express
02/04

On 4 February 2026, Sina Hong Kong Limited (the “Offeror”) announced that all pre-conditions for its pre-conditional voluntary cash partial offer to acquire 32,500,000 shares in Tian Ge Interactive Holdings Limited (Stock Code: 1980) (the “Offeree”), other than those already owned by the Offeror and parties acting in concert with it, have been met.

According to the announcement, the first condition required pursuant to Rule 28.1 of the Takeovers Code—consent from the Executive—has been obtained. Additionally, the Executive ruled that the class (1) presumption of the Offeror and Fu Concert Parties acting in concert under the Takeovers Code is rebutted. As these pre-conditions have now been satisfied, the Offer Document is expected to be dispatched in accordance with the Takeovers Code, with further details to be announced in due course.

The partial offer remains subject to a remaining condition and may or may not become unconditional. Shareholders and potential investors are advised to exercise caution when dealing in the Offeree’s securities. The announcement confirms that the information relating to the Offeree and its shareholders has been extracted from the Offeree’s published materials, with the Offeror solely accepting responsibility for its correct and fair presentation.

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