CASH, Celestial Asia End Talks on Potential Deal After Initial Takeover Discussions

MT Newswires Live

Oct 08, 2025

CASH Financial Services Group (HKG:0510) and its parent, Celestial Asia Securities (HKG:1049), said discussions over a potential sale of equity interests in CASH Financial have ended with no binding agreement reached, according to a Wednesday Hong Kong bourse filing.

The possible deal was first disclosed on Sept. 30, after both companies saw sharp increases in their share prices and trading volumes.

At the time, Celestial Asia said its unit, Celestial Investment Group, which holds a 64.47% stake in CASH Financial, was in discussions with an independent third party over a possible deal that could have triggered implications under Hong Kong's takeover regulations.

The companies said the offer period that began on Sept. 30 has now ended, the filing said.

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