CONCH VENTURE (00586) Executive Director Wang Xuesen Transfers 1.88 Million Shares to His Daughter

Stock News10-03

CONCH VENTURE (00586) announced that the company recently received notification from executive director Mr. Wang Xuesen regarding a share transfer transaction. Due to family property distribution arrangements, Mr. Wang Xuesen has transferred 1.88 million company shares to his daughter as a gift (Wang Xuesen previously held 2.1979 million shares before this transfer). Following the aforementioned transaction, Mr. Wang Xuesen will continue to hold 317,900 shares. Mr. Wang Xuesen emphasized that the above transfer is solely part of his personal family property distribution arrangements. Mr. Wang Xuesen expressed full confidence in the company's future business development and will continue to contribute to the company's sustained and healthy growth.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment