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Sprocomm Major Shareholder Sells Off Stake

Sprocomm Major Shareholder Sells Off Stake

Sprocomm Intelligence Limited (HK:1401) has released an update.

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Sprocomm Intelligence Limited has announced that Leap Elite, a controlling shareholder, sold 165 million shares, reducing their stake from approximately 37% to 20.5% of the company’s total issued share capital. The shares were reportedly sold to independent third parties not connected to the company or its connected persons.

For further insights into HK:1401 stock, check out TipRanks’ Stock Analysis page.

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