Holly Futures (03678) announced that the company recently learned that Holly Holdings held 14.7159 million shares of A shares...
According to the Zhitong Finance APP, Holly Futures (03678) announced that the company recently learned that Holly Holdings held 14.7159 million shares of A shares (approximately 1.46% of the total issued share capital of the company as of the date of this announcement) are subject to judicial enforcement. The enforcement will take place between September 27, 2024, and December 25, 2024, through centralized bidding and block trading. Among them, 10.0778 million shares of A shares (approximately 1% of the total issued share capital of the company as of the date of this announcement) will be executed through centralized bidding, and 4.6382 million shares of A shares (approximately 0.46% of the total issued share capital of the company as of the date of this announcement) will be executed through block trading.
Due to a dispute over the transfer of partnership property shares between China Aviation Trust Co., Ltd. and some entities including Holly Holdings, China Aviation Trust applied to the Intermediate People's Court of Nanchang, Jiangxi Province to enforce the A shares held by Holly Holdings. According to the court judgment on August 30, 2024, the 14.7159 million shares of A shares held by Holly Holdings are to be executed, which will result in potential changes in share ownership.