RIVER NORTH LIMITED, BEAUTY TREND HOLDINGS LIMITED, Angel Space Limited and ECO TOURBILLON CO., LTD. made an offer to acquire a 70% stake in Cayman Tung Ling Co., Limited (TPEX : 2924) for approximately TWD 400 million on April 14, 2022. The offer price is TWD 17.4 per share. The offer period starts from February 15, 2022.