CHINA SHENGMU (01432) Addresses Possible Mandatory General Offer

Bulletin Express
Mar 05

On 5 March 2026, China Shengmu Organic Milk Limited (01432) disclosed a possible mandatory general offer as recognized by the Executive under the Hong Kong Code on Takeovers and Mergers. The latest filing details transactions involving CITIC Securities International Capital Management Limited, a Class (5) associate connected with the Offeror.

CITIC Securities International Capital Management Limited closed out a derivative contract on 4 March 2026, referencing 833,000 shares with a maturity date of the same day. The reference price was $0.34, translating into a total amount of $0.28 million. The resultant balance under this transaction was reported to be 0. According to the announcement, CITIC Securities International Capital Management Limited is ultimately owned by CITIC Securities Company Limited, and the dealings were made for its own account.

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