Summary by Futu AI
Pak Tak Int'l announced on September 4, 2024, that its ownership is highly concentrated in the hands of a few shareholders. According to the announcement by the Securities and Futures Commission on September 16 of the same year, 25 shareholders hold approximately 74.41% of the issued shares, while Tung Lok Holdings Limited holds around 20.94%. The announcement reminds shareholders and potential investors that due to high ownership concentration, the share price may experience significant fluctuations. In addition, from December 2023 to September 2024, Pak Tak Int'l experienced a significant increase in stock price. The company completed a placement in December 2023, issued a profit warning in March 2024, anticipating an expanded annual loss. Ultimately, the annual performance announced by the company in March 2024 shows a net loss attributable to shareholders of approximately 201.7 million Hong Kong dollars. The board of directors confirmed that, in accordance with the rules of the Stock Exchange, no less than 25% of the issued shares are held by the public. Board members include executive director Mr. Liu Nang Gang, among others.