New Risk • May 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (HK$247.5m market cap, or US$31.6m). Announcement • Apr 23
Tsui Ho Chuen, Philip, non-executive director of CNT Group Limited acquired an additional 4.66% stake in CNT Group Limited (SEHK:701) from Zhao Hui for HKD 8.9 million. Tsui Ho Chuen, Philip, non-executive director of CNT Group Limited acquired an additional 4.66% stake in CNT Group Limited (SEHK:701) from Zhao Hui for HKD 8.9 million on April 10, 2026. Under the terms of the acquisition, Tsui Ho Chuen, Philip will pay HKD 0.1 in cash per share. On completion, Tsui Ho Chuen, Philip will hold 34.38% stake in CNT Group Limited and Zhao Hui will no longer hold any stake in CNT Group Limited. In a related transaction, SHK Hong Kong Industries Limited and Tsui Ho Chuen, Philip, non-executive director of CNT Group Limited proposed to acquire 65.62% stake in CNT Group Limited from Chinaculture.com Limited, Ko Kwok Fai, Dennis and others.
Tsui Ho Chuen, Philip, non-executive director of CNT Group Limited completed the acquisition of an additional 4.66% stake in CNT Group Limited (SEHK:701) from Zhao Hui on April 10, 2026. Announcement • Apr 22
SHK Hong Kong Industries Limited and Tsui Ho Chuen, Philip, non-executive director of CNT Group Limited proposed to acquire 65.62% stake in CNT Group Limited (SEHK:701) from Chinaculture.com Limited, Ko Kwok Fai, Dennis and others for approximately HKD 120 million. SHK Hong Kong Industries Limited and Tsui Ho Chuen, Philip, non-executive director of CNT Group Limited proposed to acquire 65.62% stake in CNT Group Limited (SEHK:701) from Chinaculture.com Limited, Ko Kwok Fai, Dennis and others for approximately HKD 120 million on April 21, 2026. A cash consideration valued at HKD 0.1 per share will be paid by SHK Hong Kong Industries Limited and the management. SHK will fund CPM Offers internally, while Prime Surplus uses Tsui Ho Chuen, Philip personal resources. In related transaction SHK Hong Kong Industries Limited and Tsui Ho Chuen, Philip an executive CPM Director and the chairman and managing director of CPM proposed to acquire CPM Group Limited (SEHK:1932) from CNT Enterprises Limited.
The transaction is subject to de-listing of company stock. The Board of Directors of CNT Group Limited formed a special committee for the transaction comprising non-executive director Zhang Jun and independent non-executive directors Ko Kwok Fai (Dennis), Huang De Rui, and Lin Yingru advises Independent CNT Shareholders on the CNT Offer's fairness and acceptance.
Alpha Financial Group Limited acted as financial advisor for CNT Group Limited. Yu Ming Investment Management Limited acted as financial advisor for SHK Hong Kong Industries Limited. Innovax Capital Limited acted as financial advisor for CNT Group Limited.