On 5 March 2026, China Shengmu Organic Milk Limited (01432) released a public disclosure form referencing a possible mandatory general offer. According to the filing, CITIC Securities International Capital Management Limited, a Class (5) associate connected with the Offeror, disclosed dealings in the company’s shares on 4 March 2026.
CITIC Securities International Capital Management Limited purchased 0.83 million shares at US$0.34 each, amounting to a total of US$0.28 million. The transaction also involved the sale of the same volume at the same price and total amount, reflecting the closing or flattening of proprietary positions arising from unsolicited client-driven dealings.
It was further noted that CITIC Securities International Capital Management Limited is ultimately owned by CITIC Securities Company Limited, and the dealings were made for its own account.