Summary by Futu AI
ASMPT Limited disclosed a possible privatization trade on November 7, 2024, involving the share buyback undertaken by Morgan Stanley & Co., International plc on November 6, 2024. According to Rule 22 of the Hong Kong Code on Takeovers and Mergers, Morgan Stanley carried out hedging activities for its clients on Delta 1 products, buying 44,100 shares for a total amount of $3,739,703.80, with trading prices ranging from $84.30 to $85.95. On the same day, Morgan Stanley also sold 21,800 shares for a total amount of $1,847,463.80, with trading prices ranging from $84.15 to $85.10. The company is a category (5) connected person with the offeree company and the trades were conducted for its own account.