Man Wah Holdings: Chairman increases shareholding

Man Wah Holdings (HKEX:1999) announced today that its controlling shareholder, Wong Man Li, increased his stake in the company. According to the voluntary announcement, Mr. Wong, who is also the Chairman, executive Director, and Chief Executive Officer, purchased 5,000,000 ordinary shares on February 10, 2025. The shares were acquired through open market transactions via Man Wah Investments Limited. The company advised shareholders and potential investors to exercise caution when dealing in the company's securities. The announcement also listed the executive and independent non-executive directors of the company as of the date of the announcement, February 10, 2025.