Daisho Microline Holdings Limited issued a clarification on 31 March 2026 regarding the proposed transfer of 280.00 million shares—equivalent to 17.36% of the company’s issued share capital—by its substantial shareholder, Spring Global Enterprises Limited.
Following completion of the transaction, if it proceeds: • Spring Global will cease to be a substantial shareholder. • Founder Mr. Ng Man Chan will retain direct ownership of 120.07 million shares (7.44%) and jointly hold an additional 25.96 million shares (1.61%) with his spouse, Ms. Li Mi Lai, preserving a combined 9.05% interest. • The unidentified buyer will acquire the 280.00 million-share block and will become a new substantial shareholder with a 17.36% stake.
All other details in the 30 March 2026 announcement remain unchanged. The board advises shareholders and prospective investors to exercise caution when trading the company’s securities.
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