HK Stock Market Move | ANE (09956) opened more than 21% higher, the company received a privatization proposal from a major shareholder consortium with a premium rate exceeding 48%.

ANE (09956) opened more than 21% higher, rising 21.38% to 11.41 Hong Kong dollars as of the time of writing, with a turnover of 30.6416 million Hong Kong dollars. On the news front, recently ANE announced that a consortium composed of Dah Chong Capital, Temasek, and Temasek Holdings has jointly declared with ANE Group Limited their intention to delist from the Hong Kong Stock Exchange through an agreement arrangement. After this privatization, ANE CEO Qin Xinghua will be reassigned as a senior advisor to the company and will no longer hold any core management positions at ANE. Jin Yun will continue to serve as an executive director of the group. It is reported that the proposal is to offer a cash option of 12.18 Hong Kong dollars per share, with a valuation of approximately 14.3 billion Hong Kong dollars for ANE based on equity value, a valuation level that ANE has not reached since mid-November 2021. The privatization price represents a 48.54% premium over the closing price of 8.2 Hong Kong dollars per share on September 3, 2025, the last trading day before abnormal fluctuations in the company's share price and trading volume occurred. This privatization price is final, and the offeror does not retain the right to increase the price.