Core Viewpoint - SIS International (00529) has announced the acquisition of 1,329,100 shares of Gestetner of Ceylon Plc, representing 50.01% of its issued shares, for a total cash consideration of 321 million Sri Lankan Rupees (approximately 8.349 million HKD) [1] Group 1 - The acquisition involves a total of 1,328,700 shares, which accounts for 49.99% of Gestetner's issued and paid-up ordinary shares, with a maximum total consideration of approximately 319 million Sri Lankan Rupees (around 8.2824 million HKD) [2] - The acquisition represents an expansion of the group's distribution business in a country with emerging opportunities, and Gestetner will become a non-wholly owned subsidiary of the company following the acquisition [2]

Core Viewpoint - SIS INT'L has announced the acquisition of 1,329,100 shares of Gestetner of Ceylon Plc, representing 50.01% of its issued shares, for a total cash consideration of 321 million Sri Lankan Rupees (approximately 8.349 million HKD) [1] Group 1: Acquisition Details - The acquisition involves a total of 1,329,100 shares at a price of 239.75 Sri Lankan Rupees per share, including transaction costs of 2.4593 million Sri Lankan Rupees (approximately 63,900 HKD) [1] - Following the acquisition, Gestetner will become a non-wholly owned subsidiary of SIS INT'L [2] Group 2: Mandatory Offer - A mandatory offer will be made to the remaining shareholders of Gestetner for 1,328,700 shares, representing 49.99% of the issued and paid-up ordinary shares, at the same price of 239.75 Sri Lankan Rupees per share [2] - The total maximum consideration for the mandatory offer is approximately 319 million Sri Lankan Rupees (around 8.2824 million HKD) plus transaction costs [2] - The initial acceptance period for the mandatory offer is up to 14 trading days, which may be extended according to the rules and regulations of the Colombo Stock Exchange [2] Group 3: Strategic Implications - The acquisition represents an expansion of the group's distribution business in a country with emerging opportunities [2]

Group 1 - SIS INT'L announced the acquisition of 1,329,115 shares of Gestetner of Ceylon Plc, representing 50.01% of its issued shares, for a total cash consideration of 321 million Sri Lankan Rupees (approximately 8.349 million HKD) [1] - The acquisition price per share is 239.75 Sri Lankan Rupees, which includes transaction costs of 2,459,264 Sri Lankan Rupees (approximately 63,941 HKD) [1] - Gestetner operates in Sri Lanka, focusing on the import and supply of office automation products and providing after-sales services [1] Group 2 - The acquisition represents an expansion of the company's distribution business in a country with emerging opportunities [1] - Following the acquisition, Gestetner will become a non-wholly owned subsidiary of SIS INT'L [1]