Stress Holdings (02663) Changes Controlling Shareholder, Receives Full Takeover Offer at Approximately 13.8% Discount, Trading Resumes on November 5

date
05/11/2026
Zhitong Finance APP News: Stress Holdings (02663) and the offeror Daxiang Energy Holdings Limited jointly announced that on October 30, 2026, the offeror completed the acquisition of approximately 397 million shares of the company, representing approximately 71.32% of the total issued share capital of the company as at the date of this joint announcement, for a total cash consideration of approximately HK$214 million (equivalent to HK$0.5387 per sale share under the sale and purchase agreement); and completed the acquisition of 8.82 million BS Sale Shares free from any encumbrances, representing approximately 1.58% of the total issued share capital of the company as at the date of this joint announcement, for a total cash consideration of approximately HK$4.7513 million (equivalent to HK$0.5387 per BS Sale Share).
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