FINELAND LIVING (09978) surged over 286% after resuming trading, with shares up 221.74% at the time of writing, trading at HKD 0.74, with a turnover of HKD 81.473 million.

On July 28, FINELAND LIVING announced that its board was informed by the offeror, Yoncan Co., Ltd., that on July 7, 2026, the offeror entered into a share purchase agreement with sellers, including Mansion Green, Aspiring Vision, and Huiyu Investment. The offeror has conditionally agreed to acquire sale shares, totaling 200 million shares, representing approximately 50.01% of the total issued shares as of the date of the purchase agreement.

Under the purchase agreement, the total consideration for the sale shares is HKD 28.006 million, or HKD 0.14 per sale share. Following the completion of the acquisition, the offeror will hold an interest in 200 million shares, representing approximately 50.01% of the total issued shares as of the date of this joint announcement. The offeror and parties acting in concert with the offeror will hold an interest in 214 million shares, representing approximately 53.41% of the total issued shares as of the date of this joint announcement.

In accordance with Rule 26.1 of the Takeovers Code, upon completion of the acquisition, the offeror will be required to make an unconditional mandatory cash offer for all issued shares not already owned or agreed to be acquired by the offeror and parties acting in concert with the offeror. The cash offer price per share is HKD 0.14, representing a discount of approximately 39.13% to the closing price of HKD 0.230 per share as quoted on the Stock Exchange on the last trading day.