Significant Shareholding Transfer for SINOHEALTH TECH Totals HK$225 Million, Representing 9.96% Stake

Stock News08:26

Information from the Hong Kong Stock Exchange reveals a notable transfer of shareholdings in SINOHEALTH TECH (02361) on June 4th. The total value of the shares involved in this transfer reached HK$225 million, accounting for 9.96% of the company's issued share capital.

The transaction involved a company shareholder moving 45 million shares to China Merchants Wing Lung Bank, while simultaneously transferring the same number of shares out of China Merchants Bank International Securities.

Separately, on the same date, SINOHEALTH TECH issued an announcement stating that, as of the date of the announcement, the company's public float was approximately 16.45%. This figure falls below the minimum specified public float requirement of 25% stipulated under Rule 13.32B(1) of the Listing Rules.

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