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Holly Futures Faces Judicial Enforcement of Major Shareholder’s Shares

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Holly Futures Faces Judicial Enforcement of Major Shareholder’s Shares

The latest announcement is out from Holly Futures Co. Ltd. Class H ( (HK:3678) ).

Holly Futures Co. Ltd., a joint stock company incorporated in the People’s Republic of China, is facing a potential judicial compulsory enforcement of shares held by a shareholder, Holly Su Industrial, which holds more than 5% of the company’s shareholding. The enforcement involves 18,132,223 A Shares, representing approximately 1.80% of the total issued share capital, and will be executed through centralised bidding and block trading transactions from March 14, 2025, to June 11, 2025. This action stems from a dispute over a property share transfer involving AVIC Trust Co., Ltd, leading to a court judgment mandating the enforcement of these shares.

More about Holly Futures Co. Ltd. Class H

YTD Price Performance: -3.33%

Average Trading Volume: 10,918,701

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$651.7M

For an in-depth examination of 3678 stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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