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Sheen Tai Holdings Announces Change in Substantial Shareholder Structure

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Sheen Tai Holdings Announces Change in Substantial Shareholder Structure

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The latest update is out from Sheen Tai Holdings Group Co. Ltd. ( (HK:1335) ).

Sheen Tai Holdings Group Company Limited announced a change in the shareholding structure of one of its substantial shareholders. Mr. Bai Chaoshun, a former executive director, has disposed of his beneficial interest in the company, transferring his 60% shareholding in Polly Power Group Company Limited to Mr. Dai Jizhou. As a result, Mr. Dai now holds full ownership of Polly Power, which owns 25% of Sheen Tai Holdings’ total issued share capital. This change in ownership may impact the company’s governance and stakeholder dynamics.

More about Sheen Tai Holdings Group Co. Ltd.

YTD Price Performance: -42.06%

Average Trading Volume: 648,807

Technical Sentiment Signal: Buy

Current Market Cap: HK$328.6M

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