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Sunshine 100 China Directors’ Forced Share Disposal During Black-out Period

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Sunshine 100 China Directors’ Forced Share Disposal During Black-out Period

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Sunshine 100 China Holdings Ltd. ( (HK:2608) ) has provided an announcement.

Sunshine 100 China Holdings Ltd. announced that its executive directors Mr. Yi Xiaodi, Mr. Fan Xiaochong, and non-executive director Ms. Fan Xiaohua were deemed to have disposed of 1,545,000 shares, about 0.06% of the company’s issued share capital, due to a forced sale under margin facilities during the Black-out Period. This action, occurring during a restricted period for trading, was considered a deemed dealing by the directors, although they had no control over the sales. The board, excluding the involved directors, was satisfied that these disposals occurred under exceptional circumstances as per the listing rules.

More about Sunshine 100 China Holdings Ltd.

YTD Price Performance: -20.0%

Average Trading Volume: 1,311,555

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$40.81M

See more data about 2608 stock on TipRanks’ Stock Analysis page.

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