Yao Capital Limited has completed its offer to acquire all issued shares of SEM Holdings Limited not already owned or agreed to be acquired by Yao Capital and its concert parties. Following the close of the offer, the proportion of shares held by the public has fallen below the required minimum threshold. An application has been made for a temporary waiver, and steps are being taken to restore the public float as soon as practicable. This update was disclosed in a joint announcement by SEM Holdings 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-20260119-11995026), on January 19, 2026, and is solely responsible for the information contained therein.