YuanShengTai Dairy Farm : Disclosure of Dealings under Rule 22 of the Takeovers Code

Public Disclosure Form

21 September 2020

Voluntary general offer

Disclosure of dealings in the shares of YuanShengTai Dairy Farm Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Description	Description	Nature of	Number of	Maturity	Reference	Total	Resultant
		of relevant	of products	dealings	reference	date /	price	amount paid	balance
		securities			securities	closing		/ received	(including
					to which	out date			those of any
					the				person with
					derivatives				whom there is
					relate				an agreement
									or
									understanding)
Morgan Stanley	18 September	Derivatives	Other types	Unsolicited	13,000	26 July	$0.6200	$8,060.0000	0
Capital Services	2020		of products	client facilitation		2021
LLC				- Sale
		Derivatives	Other types	Unsolicited	13,000	26 July	$0.6200	$8,060.0000	0
			of products	client facilitation		2021
				- Purchase

Public Disclosure Form

End

Note:

Morgan Stanley Capital Services LLC is a Class (6) associate connected with the Offeror.

Dealings were made for its own account.

Morgan Stanley Capital Services LLC is ultimately owned by Morgan Stanley.