CLSA Premium Ltd. (HK:6877) has released an update.
CLSA Premium Ltd., a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, has announced that its controlling shareholder, CITIC Securities International, intends to sell a significant portion of its shares, ranging from approximately 28% to 40% of the company’s total issued share capital. The transfer will be conducted via a public solicitation process to identify suitable transferees, with pricing to adhere to regulatory benchmarks. The transaction’s finalization is subject to approval from relevant authorities and the successful solicitation of qualified transferees, with certain conditions precedent yet to be fulfilled.
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