Bright Smart Securities and Commodities Group Ltd. has disclosed internal dealings under Rule 22 of the Takeovers Code. On May 20, 2025, Morgan Stanley & Co., International plc, a Class (5) associate connected with the Offeror, reported unsolicited client dealings involving derivatives and commercial paper. The transactions encompassed both sales and purchases with significant numbers of reference securities, including a 648,000-unit transaction maturing on March 15, 2027. These dealings are part of a possible mandatory general offer.
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