CARLINK TECH (02531) Shareholder Transfers Shares from Guotai Junan (HK) to DBS Bank with Transfer Value of HK$373 Million

Stock News12-17 08:36

Latest data from the Hong Kong Stock Exchange shows that on December 16, a shareholder of CARLINK TECH (02531) transferred shares from Guotai Junan (HK) to DBS Bank, with a transfer value of HK$373 million, accounting for 7.08% of the company's shares.

CARLINK TECH also announced updates regarding the memorandum of understanding (MOU) and strategic cooperation disclosed in July 2025. As the parties failed to reach an agreement on the terms of relevant matters and sign a definitive agreement, the company has issued a termination notice to High West to terminate the MOU, effective from December 15, 2025. The termination of the MOU is not expected to have any material adverse impact on the company's financial condition or operations.

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