China Sinostar Group Company Limited (HK:0485) has released an update.
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China Sinostar Group Company Limited has announced the transfer of a share pledge involving 108.6 million shares, which make up approximately 51.02% of its issued share capital, to Hong Kong Huang Zi Shan Limited. Additionally, Huang Zi Shan acquired 37.3 million shares from Lushan Investment, representing 17.53% of the company’s issued share capital. This reshuffling of shares highlights significant movements in the ownership structure of China Sinostar Group.
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