i-Control Holdings Share Acquisition Completed

i-Control Holdings Limited (HK:1402) has released an update.

i-Control Holdings Limited has successfully completed the sale and purchase of shares, with the Offeror acquiring a 57.12% stake (600 million shares) at HK$0.23 per share, bringing their total interests to approximately 71.40% of the company’s issued share capital. The transaction has reshaped the shareholding structure, consolidating control and potentially affecting all issued shares and outstanding options of the company.

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