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Sunshine 100 China Holdings Ltd. ( (HK:2608) ) has shared an announcement.
Sunshine 100 China Holdings Ltd., a company incorporated in the Cayman Islands, announced that its executive directors Mr. Yi Xiaodi, Mr. Fan Xiaochong, and non-executive director Ms. Fan Xiaohua were deemed to have disposed of 46,124,000 shares of the company, representing approximately 1.81% of the issued share capital, due to a forced sale during a black-out period. This action, which occurred due to default under margin facilities, was considered a deemed dealing even though the directors had no control over the disposals. The board, excluding the involved directors, acknowledged that the disposals happened under exceptional circumstances as per the listing rules.
More about Sunshine 100 China Holdings Ltd.
Average Trading Volume: 4,115,682
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$45.91M
For detailed information about 2608 stock, go to TipRanks’ Stock Analysis page.