Economic Information Daily, August 14 - Shine Yu Group Holdings (01633) announced that Wisdom Victory Limited, wholly owned by Chan Hoi Ning, has made a mandatory unconditional cash offer through Hongya Capital to acquire all issued shares of the company at HK$0.2848 per share. The offer price represents a discount of approximately 33.77% compared to the closing price of HK$0.43 prior to the suspension on July 15.

    The comprehensive document was dispatched on August 14, and the offer is now open for acceptance, with the deadline for acceptance set at 4:00 p.m. on September 4, 2026. The offeror intends to maintain the company's listing on the Hong Kong Stock Exchange after the offer period ends and will continue operating the group's existing foundation engineering and supporting services business. (nw)