MEXAN Holdings Shareholder Transfers HK$7.81 Million Worth of Shares from Hung Chi Securities to Citibank

Stock News04-30

On April 29, a shareholder of MEXAN Holdings (00022) moved shares from Hung Chi Securities to Citibank, with the transferred shares valued at approximately HK$7.81 million, accounting for 5.93% of the holdings. Earlier, on April 10, MEXAN Holdings announced that its controlling shareholder, Winland Wealth (BVI) Limited, had completed the placement of existing shares. The board was informed that the entire lot of 1.327 billion shares, representing about 67.47% of the company's issued share capital and the entirety of the seller's holdings prior to completion, had been successfully placed with no fewer than six placees by the placing agent under the placement agreement. Settlement for all placed shares occurred on April 9, 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment