Tian Lun Gas Holdings Limited (HK:1600) has released an update.
Tian Lun Gas Holdings Limited has undergone a significant change in its shareholding structure, with Mr. Zhang transferring approximately 56.62% of the company’s shares to Zhang’s Family Trust, a move aimed at family wealth and succession planning. This restructuring has been completed without the need for a mandatory general offer, as the company received a waiver from the Securities and Futures Commission (SFC). The Trust Company, now holding the transferred shares, is wholly owned by the Trustee of Zhang’s Family Trust.
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