Mayer Holdings (HKG:1116) said that, since it was informed by Wang Han about the possible offer on January 6, no material information had been given to it.

The legal adviser of the company has made a "put up or shut up" ruling application on January 16 to the Securities and Futures Commission (SFC) and requested a deadline to be set for Wang to announce a firm intention to make an offer for the shares.

On January 31, the SFC issued a letter of ruling on the above submission pursuant to which Wang must by 5:00 p.m. on February 15 make a decision on whether or not to make an offer.