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WellCell Holdings Co., Limited ( (HK:2477) ) has shared an announcement.
WellCell Holdings Co., Limited announced that its controlling shareholder, WellCell Group Co., Limited, has entered into agreements to dispose of a total of 145 million shares, representing 14.5% of the company’s issued share capital. The disposals involve selling shares to Mr. Shou Jian and Hang Feng International Holdings Co., Limited, with each share priced at HK$6. This strategic move may impact WellCell’s shareholder structure and influence its market positioning, as Hang Feng International, a substantial shareholder, increases its stake in the company.
More about WellCell Holdings Co., Limited
YTD Price Performance: 168.85%
Average Trading Volume: 3,730,145
Technical Sentiment Signal: Strong Sell
For detailed information about 2477 stock, go to TipRanks’ Stock Analysis page.