Global M Hldg (08063) announced that the Board of Directors of the company has received a notification from the major shareholder of the company, Eternity Inv Limited...
According to the announcement by Global M Hldg (08063), the Board of Directors of the company has been informed by the major shareholder, Eternity Inv Limited (Eternity Inv), that Eternity Inv's wholly-owned subsidiary Eternity Financial Group Limited has sold a total of 81.932 million shares of the company's stock to Mr. Zhou Danqing through OTC transactions, accounting for approximately 16.04% of the company's issued shares as of the date of this announcement (sale transaction).
After the sale transaction and as of the date of this announcement, Mr. Zhou Danqing holds interests in 82.332 million shares of the company's stock, accounting for approximately 16.12% of the company's issued shares as of the date of this announcement, and has become a major shareholder of the company. According to the Securities and Futures Ordinance, Eternity Inv is deemed to have interests in 12.565 million shares of the company's stock, representing approximately 2.46% of the company's issued shares as of the date of this announcement. Therefore, Eternity Inv is no longer a major shareholder of the company.
