GC Construction Holdings Limited (Stock Code: 1489) and Jumbo Flags Capital Limited issued a composite document dated 7 November 2025 regarding a mandatory unconditional cash offer. Jumbo Flags Capital acquired approximately 72.89% of GC Construction’s issued shares from Evolve Billion Limited, triggering the offer under the Hong Kong Code on Takeovers and Mergers.

Quam Securities Limited, on behalf of Jumbo Flags Capital, is offering HK$0.1812 in cash per share to acquire any remaining issued shares not already owned or agreed to be acquired by Jumbo Flags Capital and its concert parties. The offer is open for acceptance until 4:00 p.m. on Friday, 28 November 2025 (subject to any extension in accordance with the Takeovers Code). The composite document provides details on terms, acceptance procedures, and timetable. Shareholders are advised to review the document carefully for further information.