Sinotruk Hong Kong (HK:3808) has released an update.
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Sinotruk Hong Kong announced a change in its immediate controlling shareholder as China National Heavy Duty Truck Group Company Limited (CNHTC) will become the direct holder of 51% of its issued share capital. This transfer involves no financial transaction and follows a waiver from the Hong Kong Securities and Futures Commission, ensuring no significant impact on the company’s financial position. Investors are advised to exercise caution when dealing with the company’s shares.
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