Fineland Living Services Group Limited (Fineland Living Services) and Yoncan Co., Ltd. (the Offeror) issued a joint monthly update outlining the status of Yoncan’s proposed unconditional mandatory cash offer for all Fineland Living Services shares not already owned or agreed to be acquired by the Offeror or its concert parties.

The offer will only proceed upon completion of Yoncan’s acquisition of a controlling stake in Fineland Living Services, which itself is conditional on fulfilling or waiving the requirements set in the Share Purchase Agreement before the long-stop date. To date, only one condition—the publication of the initial Rule 3.5 announcement on 28 July 2026—has been met. All other conditions precedent remain outstanding.

Fineland Living Services dispatched a circular on 10 September 2026 detailing the proposed share subscription, a special deal, and a warrant subscription connected to the overall transaction. Shareholders will vote on these items at the extraordinary general meeting scheduled for 30 September 2026.

The parties reaffirm that, until all outstanding conditions are satisfied or waived and acquisition completion occurs, the mandatory cash offer may not materialize. Further announcements will be released in accordance with Hong Kong listing regulations and the Takeovers Code.

Both boards advise shareholders and potential investors to exercise caution in dealing in Fineland Living Services securities and to review the forthcoming composite offer document—containing the Independent Board Committee’s recommendations and the Independent Financial Adviser’s opinion—before deciding whether to accept any eventual offer.