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The latest update is out from JiaChen Holding Group Limited ( (HK:1937) ).
JiaChen Holding Group Limited has announced a change in its shareholding structure. Ms. Zhang transferred her entire interest in Xinchen to Ms. Liu, her daughter-in-law, resulting in Ms. Liu and her spouse, Mr. Shen MH, holding a combined 36.29% of the company’s shares. This transfer increased their interest to over 30%, which typically requires a mandatory general offer under the Takeovers Code. However, a waiver was granted by the SFC, allowing them to avoid this obligation.
More about JiaChen Holding Group Limited
Average Trading Volume: 329,237
Technical Sentiment Signal: Sell
Current Market Cap: HK$280M
See more insights into 1937 stock on TipRanks’ Stock Analysis page.