Mingshi Express (08483) changed ownership with a discount of about 21.88% and offered a full purchase offer to resume trading on July 28

According to the Zhitong Finance App, Mingshi Express (08483) and the offender CWT Limited jointly announced that on July 27, 2026, the offender completed the acquisition of 600 million shares of the company, accounting for 75% of the company's total issued share capital. The total cost was HK$52.5 million, equivalent to HK$0.0875 per share sold. According to Rule 26.1 of the Takeovers Code, the offeror will be required to make a mandatory unconditional cash offer for all issued shares (other than those already owned and/or agreed to be acquired by the offeror and/or those acting in concert with it), HK$0.0875 in cash per share, at a discount of approximately 21.88% from the closing price of HK$0.1120 per share on July 24, 2026.

Furthermore, the company has applied to the Stock Exchange to resume trading of shares on the Stock Exchange starting at 9:00 a.m. on July 28, 2026.