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Sunshine 100 Reports Forced Share Disposal
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Sunshine 100 Reports Forced Share Disposal

Sunshine 100 China Holdings Ltd. (HK:2608) has released an update.

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Sunshine 100 China Holdings Ltd has announced that due to a forced sale during the blackout period, three of its directors were deemed to have disposed of a small fraction of the company’s issued share capital. The disposals, which occurred due to default under margin facilities, were deemed as exceptional circumstances by the other directors. This event took place within the restricted trading window preceding the publication of the company’s half-year results.

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