SKYMISSION GP (01429) changes ownership, with a discount of around 48.4% for a full acquisition offer. Resumption of trading on January 26th.

SKYMISSION GP (01429) and offeror Grand Success International Holdings Limited jointly announced that on January 16, 2026, the offeror will acquire 1.2 billion shares of the company from Tian Ren Holdings Limited, representing 75% of the total issued share capital of the company as of the date of this joint announcement, for a total price of HK$114 million, equivalent to HK$0.095 per share. Pursuant to Rule 26.1 of the Takeovers Code, the offeror must make a takeover offer upon completion. The cash offer price for each offer share is HK$0.095, representing a discount of approximately 48.4% to the closing price of HK$0.184 per share on the last trading day on the Stock Exchange of Hong Kong. The offeror's maximum cash consideration for the offer is HK$38 million. Additionally, the company has applied to the Stock Exchange for the resumption of trading in the shares from Monday, January 26, 2026, at 9:00 a.m. As of the date of this joint announcement, Mr. Zou Feng beneficially owns 100% of the offeror and is also the offeror's sole director.