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An update from Sunshine 100 China Holdings Ltd. ( (HK:2608) ) is now available.
Sunshine 100 China Holdings Ltd announced that its directors were deemed to have disposed of 5 million shares during a black-out period due to a forced sale resulting from a default under margin facilities. This transaction, which represents approximately 0.2% of the company’s issued share capital, occurred without the directors’ influence or control, and the board, excluding the involved directors, acknowledged the exceptional circumstances under which this occurred.
More about Sunshine 100 China Holdings Ltd.
Sunshine 100 China Holdings Ltd is a company incorporated in the Cayman Islands, primarily involved in real estate development and management. It operates in the Chinese market, focusing on residential and commercial properties.
YTD Price Performance: -15.00%
Average Trading Volume: 1,732,563
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$43.36M
See more insights into 2608 stock on TipRanks’ Stock Analysis page.