Brainhole Technology Executes Major Share Disposal

Brainhole Technology Limited (HK:2203) has released an update.

Brainhole Technology Limited has completed a significant transaction involving the sale of 2,680 Super Micro shares for approximately $2.6 million, following an earlier announcement on June 18, 2024. This recent disposal and prior transactions within a 12-month period total approximately $4.8 million, classifying the event as a major transaction under the Listing Rules, hence requiring shareholder approval. Shareholder Yoho Bravo Limited, representing about 74.96% of the company’s total issued share capital, has provided written approval, negating the need for a general meeting.

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