Tsoi made an offer to acquire 29.77% of stake in Deyun Holding Ltd. (SEHK:1440) for approximately HKD 300 million on June 27, 2022. The Offeror intends to finance the consideration payable for the Offer by its internal resources. Dakin Capital Limited acted as financial adviser to Tsoi.

Octal Capital Limited has been appointed as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in respect of the Offer. As per the article August 12, 2022, The offer will commence from August 12, 2022 and end on September 2, 2022.