LAPCO HOLDINGS (08472) Major Shareholder Tan Weitang Sells 6.5 Million Shares, Reducing Stake to Approximately 15.12%

Stock News09-25

LAPCO HOLDINGS (08472) announced that the company has been informed that its major shareholder Mr. Tan Weitang sold a total of 6.5 million shares of the company through open market transactions on September 16 and 22, 2025, representing approximately 5.64% of the company's total issued shares. Following the disposal, Mr. Tan's total shareholding decreased from 23.92 million shares (approximately 20.76% of the company's total issued shares) to 17.42 million shares (approximately 15.12% of the company's total issued shares). As of the date of this announcement, Mr. Tan continues to be a major shareholder of the company. The company believes that this disposal will not have a material impact on the Group's business operations and financial position.

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