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META MEDIA (00072) Shareholder Transfers Shares from Guotai Junan (HK) to BANK OF CHINA (HK) with Transfer Value of HK$9.812 Million

Stock News2025-12-24

Latest data from the Hong Kong Stock Exchange shows that on December 23, a shareholder of META MEDIA (00072) transferred shares from Guotai Junan (Hong Kong) to BANK OF CHINA (Hong Kong), with a transfer value of HK$9.812 million, accounting for 10.04% of holdings.

META MEDIA announced that on December 23, 2025, its wholly-owned subsidiary e-Starship Limited plans to acquire approximately 3% of the issued share capital of Modern Digital Holdings Limited from Hong Kong Septwolves Investment Holdings Limited for an initial consideration of RMB 11.6 million, payable in cash. Upon completion, the buyer's stake in the target company will increase from about 77% to 80%.

The board believes the acquisition will enhance the group's operational control over the target company, ensuring efficiency and management of its digital media business while strengthening its influence in diversified creative sectors. The transaction is also expected to boost attributable profit for equity shareholders due to the increased stake in the target 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.

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