Acer Group Holdings (01718) announced that the company received Xindeli Limited (Xindeli), the main shareholder of the company...
According to the Zhitong Finance App, Acer Group Holdings (01718) announced that the company received a notice from Xindeli Limited (Xindeli), the company's main shareholder, that Xindeli sold a total of 15.8 million shares of the company (accounting for about 13.72% of the company's total issued shares) to third parties on April 24, 2024 and April 25, 2024.
According to the announcement, the company noticed a recent decline in the trading price of shares on the Stock Exchange and an increase in trading volume. After making all reasonable inquiries about the company, the board confirmed that, apart from the sale, the board was unaware of any other reason leading to such changes, nor was it aware that any information should be published to avoid a false market in the company's securities, or that any insider information must be disclosed in accordance with Part XIVA of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong. The Board also confirmed that there were no significant changes in the Group's business operations and financial situation.