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CEO & Chairman of Major Holdings Picks Up 198% More Stock
Those following along with Major Holdings Limited (HKG:1389) will no doubt be intrigued by the recent purchase of shares by Chun To Cheung, CEO & Chairman of the company, who spent a stonking HK$27m o
Meijiehui Holdings (01389.HK) received an OTC share increase of 742,700 shares worth HK$101,000 by Lian Shuxuan
On March 15, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 15, Lian Shuxuan increased her OTC share holdings of $Meijiehui Holdings (01389.HK) by $742,700 at an average price of HK$0.136 per share on March 12, worth about HK$101,000. After the increase in her holdings, Lian Shuxuan's latest shareholding was 300 million shares, and the good position ratio increased from 29.67% to 54.10%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies. Listed public
Meijiehui Holdings (01389.HK) received an OTC share increase by 201 million shares by Zhang Juntao, worth approximately HK$27.268,900
On March 15, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 15, Zhang Juntao increased his OTC share holdings of $Meijiehui Holdings (01389.HK) by $201 million at an average price of HK$0.136 per share on March 12, worth about HK$27.268,900. After increasing his holdings, Zhang Juntao's latest shareholding was 300 million shares, and the good position ratio rose from 29.67% to 54.10%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their share interests in listed companies.
Meijiehui Holdings (01389.HK) shares were subscribed for approximately 38.9%
Gelonghui, Feb. 29丨Meijiehui Holdings (01389.HK) issued an announcement. As of 4:00 p.m. on February 28, 2024, it had received a total of six valid applications and acceptances based on the provisional quota notice to subscribe for a total of 86.284 million shares offered, accounting for about 38.9% of the shares offered. In accordance with the irrevocable promise, the underwriter has subscribed for 6.557 million shares that have been provisionally allotted. Ms. Lian has subscribed for 742,667 shares that have been provisionally allotted. As of the record date, there were no excluded shareholders, so there were no shares to be offered that were part of the provisional quota for excluded shareholders. In summary
Major Holdings Puts Out Timetable of Rights Issue
Major Holdings (HKG:1389) has published a timetable of its proposed two-for-three rights issue, saying qualifying shareholders have until Feb. 28 to submit their applications. Placing agent Lego Secur
Meijiehui Holdings (01389) plans to make a total proceeds of the “3 to 2” share offering of HK$30.2 million
According to the Zhitong Finance App, Meijiehui Holdings (01389) announced that it intends to offer shares according to “3 for 2”. Each share will be offered at HK$0.136, a discount of about 24.44% compared to the closing price of HK$0.180 per share reported by the Stock Exchange on the last practical date. The total number of shares offered was 222 million, accounting for 40% of the expanded issued shares, and the total proceeds were HK$30.2 million.
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