According to the latest information from the Hong Kong Stock Exchange, on June 9th, SG GROUP HLDGS (01657) experienced a position change, with a total market value of HKD 1.292 billion, accounting for 72.34%. The company's shareholders deposited 23.15 million shares into Derin Securities Hong Kong, increasing their shareholding ratio by 72.34%.

On the evening of June 4th, SG GROUP HLDGS announced that on May 25th, the offeror purchased 23.97 million shares from the seller, equivalent to approximately 74.91% of the total issued shares, with a total cash consideration of HKD 198.5 million. Following the completion, the offeror will hold the issued shares, with a cash offer price of HKD 8.323 per share, representing a discount of approximately 72.26% compared to the closing price of HKD 30 per share before the suspension.

The offeror confirmed that the offer price is the final price and will not be raised. The offeror must make an unconditional mandatory cash offer for all issued shares. The seller is Cai Jingting. The offeror is wholly owned by Sifang Weiye, and Sifang Group is a big data and artificial intelligence product and service provider headquartered in China, offering software solutions covering data collection, storage, analysis, and visualization to clients in industries such as government, energy, transportation, finance, and manufacturing in China (including Hong Kong)