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KANTONE HOLDING (01059) Shareholders will transfer stocks from Jinlifeng Securities to Fuzhong Securities, with a Market Cap of 13.9259 million Hong Kong dollars.
On April 11th, Shareholders of KANTONE HOLDING (01059) transferred stocks from Jin Li Feng Securities to Fu Zhong Securities, with a transfer market cap of 13.9259 million HKD, accounting for 18.20%.
Kantone's Chairman Sells Stake; Loses Controlling Shareholder Status
KANTONE HOLDING (01059.HK): The controlling shareholder sold a total of 68 million shares for a total price of 13.396 million Hong Kong dollars.
On April 9, Gelonghui reported that KANTONE HOLDING (01059.HK) announced that the Board of Directors was informed by the company's controlling shareholder, Innovative City Investments Limited ("Urban Innovation"), that on April 9, 2025, Urban Innovation would sell a total of 68 million shares of the company to two independent third parties ("buyers") for a total amount of approximately 13.396 million Hong Kong dollars ("sale transaction"). Urban Innovation is wholly owned by Chen Guanhua (executive director and chairman of the Board of Directors). Immediately before the completion of the sale transaction, Urban Innovation directly held approximately 0.1366 billion.
Express News | Kantone - Innovative City,a Controlling Shareholder, Disposed of Aggregate of 68 Mln Shares of Co for HK$13.4 Mln
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