Yao Capital Limited has completed the acquisition of a 75% stake in SEM Holdings Limited, purchasing 1.5 billion shares for a total cash consideration of HK$165 million, or HK$0.11 per share. Following the transaction, a mandatory unconditional cash offer will be made by Lego Securities Limited on behalf of Yao Capital Limited to acquire all remaining issued shares of SEM Holdings Limited not already owned or agreed to be acquired by Yao Capital Limited and its concert parties. The update was disclosed in a joint announcement by SEM Holdings Limited and Yao Capital Limited.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEM Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251203-11942986), on December 03, 2025, and is solely responsible for the information contained therein.