Capital ind fin (00730) announced that on June 18, 2024, Qin Tai Management Co., Ltd. (“Qin...
Smart financial news app reports, capital ind fin (00730) announced that on June 18, 2024, Qin Tai Management Co., Ltd. (“Qin Tai Management”), a company holding a wholly-owned subsidiary, informed shougang cent Manufacturing Co., Ltd. (shougang cent), intentions to transfer all of its current holdings of Shou Jia Technology's approximately 0.43% issued shares by way of public listing. The proposed transfer is subject to the approval of relevant government departments, and the time it takes to obtain approval is uncertain. As of the date of this announcement, Qin Tai Management holds 8.446 million shares of Shou Jia Technology, accounting for approximately 0.43% of Shou Jia Technology's issued share capital.
The proposed transfer requires approval from relevant government departments and is subject to several preconditions. Whether or not the proposed transfer will continue is uncertain. If the proposed transfer proceeds, the company will promptly fulfill the approval and disclosure procedures under the rules of the Stock Exchange (if necessary) of Hong Kong.