Glorious Sun Enterprises’ Major Share Disposal

Glorious Sun Enterprises Limited (HK:0393) has released an update.

Glorious Sun Enterprises Limited has announced the sale of 33 million shares in China Construction Bank for HK$200.3 million. This major transaction, executed on the open market, results in a fair value gain of approximately HK$39.4 million, with proceeds intended for general working capital. The sale, approved by the company’s shareholders, underscores Glorious Sun’s strategic financial management.

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