Clarity Medical Group Holding Limited ( (HK:1406) ) has issued an update.
Clarity Medical Group Holding Limited has announced a significant transaction involving the sale of shares by its substantial shareholder, Clear Lead Ventures Limited. The transaction involves the sale of 46,015,790 shares, approximately 8.7% of the company’s total issued share capital, to Innovative Vision Inc. This sale will reduce Clear Lead Ventures Limited’s holding in Clarity Medical Group from 11.04% to 2.34%. The transaction is valued at HK$25,000,000, and the buyer and seller are independent entities with no concerted action. This move may impact the company’s shareholder structure and market perception, urging caution among shareholders and potential investors.
More about Clarity Medical Group Holding Limited
YTD Price Performance: -2.53%
Average Trading Volume: 620,116
Technical Sentiment Signal: Buy
See more data about 1406 stock on TipRanks’ Stock Analysis page.