Buyers agree to acquire 75% of B & S International for up to HKD 289 million

• Time Innovation Global and a second buyer agreed on October 29, 2026, to acquire 75% of B & S International Holdings.
• Maximum consideration is HK$ 289 million, with HK$ 167.2 million payable at closing; remaining payments depend on specified conditions and performance.
• Time Innovation will hold 72%; the second buyer will own 3%.
• Completion would trigger an offer for 100,000,000 remaining shares at HK$ 0.9634 each, totaling up to HK$ 96.34 million.
• The offer price represents a 37.03% discount to the last closing price; the acquisition remains subject to closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. B & S International Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261029-12388665), on October 29, 2026, and is solely responsible for the information contained therein.