• Dax Energy completed its acquisition of a 72.9% stake in KPa-BM Holdings on October 30, 2026, for HK$ 218.72 million.
• The buyer will offer HK$ 0.5387 per share for the remaining 150,920,000 shares, with no conditions attached.
• Full acceptance would cost HK$ 81.3 million, financed entirely through a Kingston Securities loan facility.
• The offer price will not increase; it represents a 13.8% discount to the October 29 closing price.
• Dax Energy intends to retain the existing principal business and stock exchange listing, with no immediate major operational changes planned.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KPa-BM Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261104-12400882), on November 04, 2026, and is solely responsible for the information contained therein.