Bright Smart Securities & Commodities Group Limited issued a disclosure on 26 February 2026 regarding a possible mandatory general offer. The filing reports that Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror, conducted dealings in the company’s ordinary shares on 25 February 2026. These trades were attributed to hedging purposes stemming from wholly unsolicited client-driven orders.
Morgan Stanley & Co., International plc purchased 30,000 shares for a total amount of $266,440.00, with the highest price at $8.93 and the lowest at $8.85. In a separate transaction, the firm sold 136,000 shares for $1,204,860.00 in total, with the highest price at $8.94 and the lowest at $8.80. It is noted that Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley.