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Sunshine 100 Directors Caught in Blackout Period Share Disposal

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Sunshine 100 Directors Caught in Blackout Period Share Disposal

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

Sunshine 100 China Holdings Ltd announced that executive directors Mr. Yi Xiaodi, Mr. Fan Xiaochong, and non-executive director Ms. Fan Xiaohua were deemed to have disposed of 1,096,000 shares during a blackout period due to a forced sale under margin facilities. This deemed disposal contravened the Hong Kong Stock Exchange’s listing rules, which prohibit directors from dealing in company securities during specific periods surrounding financial result publications. Despite the breach, the board, excluding the involved directors, considered the circumstances exceptional under the listing rules.

More about Sunshine 100 China Holdings Ltd.

Sunshine 100 China Holdings Ltd is a company incorporated in the Cayman Islands. It operates within the real estate industry, focusing on residential and commercial property development in China.

YTD Price Performance: -20.0%

Average Trading Volume: 1,302,611

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$40.81M

Find detailed analytics on 2608 stock on TipRanks’ Stock Analysis page.

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