Chung Chi Wah made an offer to acquire remaining 37% stake in Keen Ocean International Holding Limited (SEHK:8070) from Chung Tin Shing and others for HKD 11.1 million on January 26, 2024. As per the transaction, Chung Chi Wah will acquire 74 million shares at HKD 0.15 per share. The transaction will be financed from Chung Chi Wah 's internal resources.

Global Mastermind Securities Limited acted as financial advisor and fairness opinion provider to Keen Ocean International Holding Limited. Nuada Limited acted as financial advisor to Chung Chi Wah.