Hong Kong Stock Exchange filings show that on September 23, a significant position change occurred for STERLING GP (01825), with transfer market value totaling HK$5.3947 million, accounting for 6.67%. The company's shareholder transferred 1.5 million shares into Zhuorui Securities Hong Kong, while the same number of shares were moved out from Tianfeng International Securities and Futures.
STERLING GP (01825) issued an announcement stating that on September 18, 2026 (after market close), in light of significant changes in recent market conditions, the placing agent has provided written notice to the company to terminate the placing agreement in accordance with its terms, effective immediately. Upon the termination of the placing agreement, all rights, obligations, and liabilities of the parties under the agreement shall cease, and neither party may raise any claims against the other regarding any matters arising from or related to the placing agreement, except those relating to termination claims. The company believes that the termination of the placing agreement and the proposed placing under it will not have any material adverse impact on the group's business operations or financial condition.
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