Mung Bun Man Alan have made a mandatory unconditional cash offer to acquire remaining 27.21% stake in Global Mastermind Capital Limited (SEHK:905) for HKD 20.9 million on March 19, 2021. Mung Bun Man Alan will acquire 190.5499 million shares in Global Mastermind for HKD 0.11 per share. Mung Bun Man Alan does not intend to avail itself of any powers of compulsory acquisition of any shares outstanding after the close of the offer. An independent Board committee has been established to advice the shareholders. Independent Board committee has recommended its shareholders to accept the offer. The offer will open on April 30, 2021 and will close on May 21, 2021. Merdeka Securities Limited has been appointed as the independent financial adviser to advise the independent Board committee in connection with the offer. Lego Securities Limited, Luk Fook Capital (HK) Limited acted as financial advisor for Mung Bun Man Alan. Mung Bun Man Alan completed the acquisition of an additional 3.2% stake in Global Mastermind Capital Limited (SEHK:905) for HKD 2.5 million on May 21, 2021. At the time of closing, 22,607,900 offer shares were validly tendered at HKD 0.11 each.