MBV International Shareholder Sells 1% Stake

MBV International Limited (HK:1957) has released an update.

MBV International Limited has announced that MBV Capital, its controlling shareholder, has sold approximately 1% of the company’s total issued shares, which equates to 6,300,000 shares, at an average price of HKD0.43 per share. The transactions were executed on the open market, and the company’s board does not anticipate any significant impact on the company’s business operations or management. Following the sale, MBV Capital’s ownership has decreased from 70% to 69% of the company’s total issued shares.

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