Bright Smart Securities and Commodities Group Ltd. announced internal dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers, involving derivatives transactions by Morgan Stanley & Co., International plc. The transactions, dated 4 July 2025, include unsolicited client dealings in derivatives, with maturity dates ranging from 29 May 2026 to 4 July 2030. These dealings are associated with a possible mandatory general offer. Morgan Stanley & Co., International plc is connected with the Offeror and conducted these transactions for its own account.
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