Sheng Tang Holdings Limited (Stock Code: 8305) Announces Disposal of Shares by Executive Director

Bulletin Express01-21

Sheng Tang Holdings Limited reported that its Executive Director and Chairman, Mr. Heung Chung Sum, entered into a sale and purchase agreement on January 21, 2026, involving the sale of Advanced Pacific Enterprises Limited (“Advanced Pacific”) to Mr. Xu Chancheng. Advanced Pacific currently holds 100,500,000 shares in Sheng Tang Holdings Limited, representing approximately 6.20% of the total issued share capital.

Under the agreement, Mr. Heung agreed to dispose of all issued shares of Advanced Pacific at a consideration of HK$17,000,000. According to the announcement, Mr. Xu currently holds 301,800,000 shares in Sheng Tang Holdings Limited and is a substantial shareholder. Upon completion of the transaction, Mr. Xu will hold approximately 24.80% of the total issued share capital of the company.

The board does not expect the disposal to adversely affect the group’s business operations. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

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.

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