Pao Hsin Securities Limited represents Super Date Co., Ltd in making a mandatory unconditional cash offer for all issued shares of VERTICAL INT'L (excluding shares already owned or agreed to be acquired by Super Date and its concert parties). The offer price is HKD 0.3055 per share.Upon completion, the offeror will Hold approximately 65.33% of the issued shares. The offeror intends to maintain the company's listing status on the Stock Exchange and will continue to operate the existing core business. The offeror plans to nominate new directors to join the Board of Directors but has no intention of terminating the employment relationship with any employees of the Group or redeploying fixed Assets.The independent board committee considers the terms of the offer to be fair and reasonable, recommending that independent shareholders accept the offer. The independent financial adviser also believes the terms of the offer are fair and reasonable for independent shareholders and recommends acceptance of the offer.

Pao Hsin Securities Limited represents Super Date Co., Ltd in making a mandatory unconditional cash offer for all issued shares of VERTICAL INT'L (excluding shares already owned or agreed to be acquired by Super Date and its concert parties). The offer price is HKD 0.3055 per share.Upon completion, the offeror will Hold approximately 65.33% of the issued shares. The offeror intends to maintain the company's listing status on the Stock Exchange and will continue to operate the existing core business. The offeror plans to nominate new directors to join the Board of Directors but has no intention of terminating the employment relationship with any employees of the Group or redeploying fixed Assets.The independent board committee considers the terms of the offer to be fair and reasonable, recommending that independent shareholders accept the offer. The independent financial adviser also believes the terms of the offer are fair and reasonable for independent shareholders and recommends acceptance of the offer.