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Cirrus Aircraft Limited ( (HK:2507) ) has shared an announcement.
Cirrus Aircraft Limited announced that its controlling shareholder, CAIGA Hong Kong, has entered into an agreement to sell 17,500,000 shares, representing approximately 4.78% of the company’s total issued share capital. This sale is expected to increase the liquidity of the shares in the market without adversely affecting the company’s operations, as the controlling shareholders will maintain their status post-sale.
More about Cirrus Aircraft Limited
Cirrus Aircraft Limited is a company incorporated in the Cayman Islands, primarily involved in the aviation industry. It is significantly controlled by CAIGA Hong Kong, which is part of a larger group of controlling shareholders including China Aviation Industry General Aircraft Co., Ltd. and Aviation Industry Corporation of China, Ltd.
Average Trading Volume: 3,912,758
Technical Sentiment Signal: Strong Buy
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