Holly Futures Co. Ltd. Class H (HK:3678) has released an update.
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Holly Futures Co. Ltd. faces a significant potential shift in its shareholding structure, as 36 million A shares held by a major shareholder, Holly Su Industrial, are subject to judicial compulsory enforcement. This enforcement arises from a legal dispute involving AVIC Trust Co., Ltd., leading to a possible change in ownership of approximately 3% of the company’s total issued share capital through centralised bidding and block trading transactions. Investors should monitor these developments as they could impact the company’s stock market dynamics.
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