Pak Tak International Limited Extends Memorandum of Understanding for Potential Acquisition

Date: 17 April 2026

Reporter: [Your Name], Financial Correspondent

Key Highlights

• Pak Tak International Limited has announced an extension of its Memorandum of Understanding (MOU) regarding a possible acquisition of equity interest in a target company.
• The original MOU was announced on 19 January 2026, with a three-month window to complete due diligence and negotiate definitive terms for the acquisition.
• As more time is required to complete due diligence and negotiation, the parties signed a supplemental agreement on 17 April 2026, extending the MOU by an additional three months to 19 July 2026.
• No binding agreement has been entered into as of this announcement, and the deal may or may not proceed.

Details for Shareholders and Investors

Pak Tak International Limited (“the Company”) is in the process of evaluating a possible acquisition involving the partial or full purchase of equity interest in an as-yet-unnamed target company. The Company and the potential vendor initially planned to finalize a formal agreement within three months of the MOU’s signing. However, the process is taking longer than anticipated due to the need for more comprehensive due diligence and further negotiations.

As a result, both parties have agreed to extend the term of the MOU to 19 July 2026. All other terms of the MOU remain unchanged.

Importantly, no legally binding agreement has been signed as of the date of this announcement. Therefore, there is still a risk that the potential acquisition may not move forward. The Board of Directors has explicitly cautioned shareholders and potential investors to exercise care when dealing in the Company’s securities, as the outcome of these negotiations could have a material impact on the Company’s prospects and share value.

The Company has stated its intention to issue further announcements regarding the progress of the potential acquisition as required under the Hong Kong Listing Rules.

Potential Impact on Share Price

• The extension of the MOU signals the Company’s continued interest in expanding through potential acquisition, which could be positive for growth prospects if completed.
• However, the uncertainty and lack of a binding agreement introduce risks, and any adverse developments or failure to secure the acquisition could negatively affect investor sentiment and share price.
• Shareholders should monitor future announcements closely, as any updates regarding the acquisition—whether successful or not—could move the stock price significantly.

Board Composition

• Chairman and CEO: Mr. Wu Zongchuan
• Executive Directors: Mr. Wu Zongchuan, Mr. Liu Weixiong, Mr. Lyu Zhengjun
• Non-executive Director: Mr. Hang Chu Kwong
• Independent Non-executive Directors: Ms. Chan Ching Yi, Ms. Li Yun, Mr. Li Wubo

Next Steps

Investors are advised to stay vigilant for subsequent disclosures from the Company regarding the outcome of the due diligence and negotiations. Any announcement of a binding agreement or the termination of discussions will be critical for making informed investment decisions.

Disclaimer: This article is based solely on information disclosed by Pak Tak International Limited as of 17 April 2026. It does not constitute investment advice. Investors are advised to consult with their financial advisors and exercise caution when trading the securities of the Company, given the uncertainties surrounding the potential acquisition.

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