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Sunshine 100 China Holdings Ltd. ( (HK:2608) ) just unveiled an update.
Sunshine 100 China Holdings Ltd. announced that its executive directors, Mr. Yi Xiaodi and Mr. Fan Xiaochong, along with non-executive director Ms. Fan Xiaohua, were deemed to have disposed of 5,213,000 shares due to a forced sale during a black-out period caused by a default under margin facilities. This disposal, representing approximately 0.2% of the company’s issued share capital, occurred without their influence or control. The board, excluding the involved directors, acknowledged that the disposals happened under exceptional circumstances as per the listing rules.
More about Sunshine 100 China Holdings Ltd.
Sunshine 100 China Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on real estate development and management. The company is involved in the development of residential and commercial properties, primarily targeting the Chinese market.
Average Trading Volume: 2,026,244
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$51.02M
See more insights into 2608 stock on TipRanks’ Stock Analysis page.