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Sunshine 100 China Holdings Ltd. ( (HK:2608) ) has issued an update.
Sunshine 100 China Holdings Ltd announced that certain directors were deemed to have disposed of 2,015,000 shares during a restricted period known as the ‘Black-out Period’ due to a forced sale resulting from a default under margin facilities. Despite the breach of listing rules during this period, the directors were found to have had no control over the disposals, which were attributed to exceptional circumstances.
More about Sunshine 100 China Holdings Ltd.
Sunshine 100 China Holdings Ltd is a company incorporated in the Cayman Islands, focusing on the real estate sector in China. It is involved in the development and management of mixed-use properties, including residences, hotels, and shopping malls, catering primarily to the Chinese market.
YTD Price Performance: -10.0%
Average Trading Volume: 1,352,851
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$45.91M
Learn more about 2608 stock on TipRanks’ Stock Analysis page.
