SG Group Holdings Limited (“SG Group”) has announced the appointment of Sorrento Capital Limited as the Independent Financial Adviser (IFA) to its Independent Board Committee (IBC) and Independent Shareholders regarding the pending mandatory general offer (the “Offer”).
The IFA appointment, approved by the IBC under Rule 2.1 of the Hong Kong Takeovers Code, follows earlier joint announcements dated 4 June 2026 and 23 June 2026 that detailed a Share Purchase Agreement, its completion and the subsequent Offer. Sorrento Capital is licensed by the Securities and Futures Commission to conduct Type 6 regulated activity (advising on corporate finance).
Sorrento Capital’s advice, together with the IBC’s recommendations, will be included in a Composite Document to be dispatched to Independent Shareholders in compliance with the Takeovers Code.
The Board strongly advises Independent Shareholders to refrain from forming any view on the Offer until the Composite Document, including the IFA’s and IBC’s letters, has been reviewed. Shareholders and potential investors are urged to exercise caution when dealing in SG Group shares.
Board composition as of 24 June 2026: • Executive Directors: Choi King Ting, Charles (Chairman and CEO); Choi Ching Shing; Li Li Mei • Independent Non-Executive Directors: Lai Kwok Hung, Alex; Yeung Chuen Chow, Thomas; Cüneyt Bülent Bilâloğlu
The Directors collectively accept responsibility for the accuracy of the information in the announcement. The document is available on the Hong Kong Stock Exchange website and SG Group’s corporate website.
Comments