Chairman Pan Binze Raises Stake in Texwinca Holdings with Fresh Share Purchase

Stock News08-28 21:10

Hong Kong stock exchange disclosures reveal that on August 25, Chairman Pan Binze acquired an additional 840,000 shares of Texwinca Holdings (00321) at a price of HKD 1.075 per share, totaling HKD 903,000 in value. This transaction marks a notable increase in his shareholding.

Following the purchase, Pan's latest share count stands at approximately 777 million shares, representing a 56.23% stake in the company. The move underscores the chairman's continued confidence in the firm's outlook.

This latest acquisition adds to his existing holdings, reinforcing his position as the majority shareholder. Market participants often view such insider buying as a positive signal, reflecting management's belief in the company's intrinsic value and future prospects.

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