STAR CM Holdings Announces Amendment to Concert Party Arrangement

Reuters2025-12-22
STAR CM Holdings Announces Amendment to Concert Party Arrangement

STAR CM Holdings Ltd. has announced an amendment to its concert party arrangement, resulting in the withdrawal of CMC (Shanghai), CMC (Tianjin), SH Zhihua, and Beamingstars from the Joint Control Agreement. Following this change, these entities will cease to be controlling shareholders of the company. The new concert parties will no longer be deemed interested in the shares held by the withdrawn parties, and the aggregate shareholding of the new concert parties will remain unchanged. The company stated that the amendment does not have any material adverse impact on its operations and advised shareholders and potential investors to exercise caution when dealing in its securities. Further updates will be provided as appropriate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. STAR CM Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251222-11964095), on December 22, 2025, and is solely responsible for the information contained therein.
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