Marketingforce Management's Controlling Shareholder Undertakes Voluntary Lockup

MT Newswires Live05-08

Marketingforce Management's (HKG:2556) controlling shareholder, chief executive, and chairman, Zhao Xulong, made a voluntary undertaking to hold onto the company's shares for a 12-month period beginning May 16, the firm said in a Hong Kong filing Thursday.

The marketing and sales software company's shares jumped nearly 8% in late morning trade Friday.

Zhu Shuina, Zhao's spouse, made a similar undertaking as a controlling shareholder of the company, Marketingforce said.

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