Summary by Moomoo AI
The Company's Executive Director, Chairman of the Board and Managing Shareholder (China) Holdings Limited (the “Company”) announced on 9 May 2024 that the Company's Executive Director, Chairman of the Board and Managing Shareholder Mr. Gwangkai has recently added 20,575,000 shares of the Company since the open market at a total price of approximately HK$33,199,099, at an average price of approximately HK$33,199,099 at an average price of approximately HK$33,199,099. HK$1.61 per share. After the acquisition, Mr. Ha and his spouse Ms. Chen Su-ying jointly hold approximately 38.72% of the shares in the Company. This increase did not trigger mandatory comprehensive liability, and the company's public shareholding remained in compliance. Mr Ha said the increased holding reflected confidence in the company's long-term business prospects and could increase its shareholding further in due course.