Century Legend (Holdings) Limited (HK:0079) has released an update.
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Century Legend (Holdings) Limited has announced significant share transfers among its substantial shareholders, which will see ST (79) increasing its stake to approximately 48.64% of the company’s total share capital. These strategic moves, involving Szeto and Barsmark, are set to be completed by October 2024, and will not impact the company’s board composition or operations. The transactions have been exempted from triggering a mandatory general offer under the Takeovers Code.
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