Chong Sok Un made an offer to acquire remaining 38.9% stake in Alpha Professional Holdings Limited (SEHK:948) for HKD 150 million on September 3, 2021. As per terms, Chong Sok Un shall acquire 122.39 million shares which is not directly or indirectly held at HKD 1.2 each. As of date, Chong Sok Un held 56.61% stake through Miracle Plant Developments Limited and 4.45% stake through Vigor Online Offshore Limited. the tender offer period starts from November 8, 2021 and ends on November 29, 2021. Independent Board Committee, comprising all independent non-executive Directors, Li Chak Hung, Choi Kin Man and Ngai Wah Sang who have no direct or indirect interest in the Offer, has been established to make recommendations to the Independent Shareholders in respect of the Offer. The Offer is unconditional in all respects and will not be conditional upon acceptance being received in respect of a minimum number of Offer Shares or other conditions. Pelican Financial Limited acting as a independent financial advisor to the independent board committee and has recommended the Independent Board Committee to advise the Independent Shareholders to accept the Offer. Yu Ming Investment Management Limited acting as a financial adviser to Chong Sok Un. Tricor Investor Services Limited acting as a registrar.