On 16 July 2026, SANVO Fine Chemicals Group Limited announced that its controlling shareholder, Sanvo Fine Chemicals Limited (SFCL), has mandated a placing agent on a best-effort basis to dispose of 37.64 million shares, equivalent to approximately 8% of the company’s issued share capital.
Subject to market conditions, SFCL may further place an additional 42.34 million shares, representing another 9% of the current share base. If fully executed, the aggregated sale would reach 79.98 million shares, or roughly 17% of SANVO Fine Chemicals’ total issued shares.
The Board stated that it does not anticipate any adverse impact on the Group’s operations or financial position arising from the potential stake reduction.
Shareholders and prospective investors are urged to exercise caution when dealing in the company’s shares.
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