GIGADEVICE (03986) Shareholder Transfers Stock from UBS Securities Hong Kong Limited to Citibank, Portfolio Value HK$340 Million

Stock News01-19

Latest data from the Hong Kong Stock Exchange reveals that on January 16, a shareholder of GIGADEVICE (03986) transferred shares from UBS Securities Hong Kong Limited to Citibank. The transferred portfolio was valued at HK$340 million, representing a 5.04% stake.

On January 13, GIGADEVICE made its debut listing. According to the company's announcement, the final offer price was set at HK$162 per share. The company issued a total of 28.9158 million shares, with a board lot size of 100 shares, raising net proceeds of approximately HK$4.611 billion.

The prospectus indicates that GIGADEVICE is an integrated circuit design company specializing in a diverse range of chips.

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