EASY SMART GP (02442) Surges Over 18% Again, Accumulating Nearly 500% Gain Since Acquisition; Public Float Restored

Stock News
Jan 26

EASY SMART GP (02442) surged more than 18% again, bringing its cumulative increase since trading resumed in early December to nearly 500%. At the time of writing, the stock was up 18.39% to HK$28.2, with a turnover of HK$14.339 million.

The company announced that on January 21, its controlling shareholder, Tian Fu, sold a total of 2,000 shares on the market. Following this sale, the total public float reached 102 million shares, representing 25.00% of the total issued shares. Tian Fu now holds an interest in 306 million shares, constituting approximately 75.00% of the total issued share capital.

Consequently, the minimum public float requirement of 25% of the total issued shares, as stipulated under Rule 13.32B of the Listing Rules, has been restored.

It is noteworthy that on November 21, 2025, Tian Fu International Group Limited completed the acquisition of 306 million shares in EASY SMART GP, equivalent to 75% of the total issued share capital, for a total cash consideration of HK$230 million.

The offeror has expressed its intention to maintain the listing status of the shares on the Stock Exchange following the close of the offer.

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