China Bright Culture's Substantial Shareholder to Boost Stakeholding, Become Largest Shareholder

MT Newswires Live09-27

China Bright Culture Group's (HKG:1859) substantial shareholder, Eastern Pearl Capital SPC - Eastern Pearl Caelus Fund, is buying an additional 230,236,000 shares in the company from 11 independent shareholders, a Thursday bourse filing said.

The shares represent around 14% of the media company's total issued share capital.

Eastern Pearl Capital currently holds 231,301,933, or a little over 14%, shares in the firm. Following the completion of the purchase, the fund will hold a total of 461,537,933 shares, representing nearly 29% of its issued share capital.

Eastern Pearl Capital will, thus, become the single largest shareholder of the company.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470700286?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-27 20:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470700286","market":"sg","top_or_hot":-1,"title":"China Bright Culture's Substantial Shareholder to Boost Stakeholding, Become Largest Shareholder","media":"MT Newswires Live","content":"<html><body><p> China Bright Culture Group's (HKG:1859) substantial shareholder, Eastern Pearl Capital SPC - Eastern Pearl Caelus Fund, is buying an additional 230,236,000 shares in the company from 11 independent shareholders, a Thursday bourse filing said.</p><p>The shares represent around 14% of the media company's total issued share capital.</p><p>Eastern Pearl Capital currently holds 231,301,933, or a little over 14%, shares in the firm. Following the completion of the purchase, the fund will hold a total of 461,537,933 shares, representing nearly 29% of its issued share capital.</p><p>Eastern Pearl Capital will, thus, become the single largest shareholder of the company.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Bright Culture's Substantial Shareholder to Boost Stakeholding, Become Largest Shareholder</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Bright Culture's Substantial Shareholder to Boost Stakeholding, Become Largest Shareholder\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-27 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China Bright Culture Group's (HKG:1859) substantial shareholder, Eastern Pearl Capital SPC - Eastern Pearl Caelus Fund, is buying an additional 230,236,000 shares in the company from 11 independent ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01859","symbol_name":"煜盛文化","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2470700286","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470700286","pubTimestamp":1727440895,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China Bright Culture Group's  substantial shareholder, Eastern Pearl Capital SPC - Eastern Pearl Caelus Fund, is buying an additional 230,236,000 shares in the company from 11 independent shareholders, a Thursday bourse filing said.The shares represent around 14% of the media company's total issued share capital.Eastern Pearl Capital currently holds 231,301,933, or a little over 14%, shares in the firm. Following the completion of the purchase, the fund will hold a total of 461,537,933 shares, representing nearly 29% of its issued share capital.Eastern Pearl Capital will, thus, become the single largest shareholder of the company.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01859":"煜盛文化","BK1128":"电影和娱乐"},"translate_title":"华夏璀璨文化大股东增持股份成为第一大股东","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01859":0.9},"content_text":"China Bright Culture Group's (HKG:1859) substantial shareholder, Eastern Pearl Capital SPC - Eastern Pearl Caelus Fund, is buying an additional 230,236,000 shares in the company from 11 independent shareholders, a Thursday bourse filing said.The shares represent around 14% of the media company's total issued share capital.Eastern Pearl Capital currently holds 231,301,933, or a little over 14%, shares in the firm. Following the completion of the purchase, the fund will hold a total of 461,537,933 shares, representing nearly 29% of its issued share capital.Eastern Pearl Capital will, thus, become the single largest shareholder of the company.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470700286"}