Sunshine 100 China Holdings Ltd Directors Involved in Forced Share Disposal During Black-Out Period

Sunshine 100 China Holdings Ltd. ( (HK:2608) ) has provided an announcement.

Sunshine 100 China Holdings Ltd announced that its directors, Mr. Yi Xiaodi, Mr. Fan Xiaochong, and Ms. Fan Xiaohua, were deemed to have disposed of 1,315,000 shares during a black-out period due to a forced sale resulting from a default under margin facilities. This disposal, which occurred during a restricted period preceding the company’s annual results announcement, was considered a deemed dealing, although the directors had no control over the transactions. The board, excluding the involved directors, acknowledged that the disposals happened under exceptional circumstances.

More about Sunshine 100 China Holdings Ltd.

Sunshine 100 China Holdings Ltd is a company incorporated in the Cayman Islands, operating in the real estate sector. It is listed on the Stock Exchange of Hong Kong and focuses on property development and management.

YTD Price Performance: -20.0%

Average Trading Volume: 4,216,545

Technical Sentiment Signal: Buy

Current Market Cap: HK$40.81M

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