Holly Futures shareholder reduces stake below 5%
Holly Futures (HKEX:3678) announced that Holly Su Industrial Co., Ltd. has reduced its stake in the company below 5%. The reduction resulted from the disposal of 1,162,011 A Shares between January 16, 2025, and March 31, 2025, through centralised bidding and block trading transactions due to judicial compulsory enforcement. Following the reduction, Holly Su Industrial holds 50,388,888 A Shares, representing approximately 4.99999991% of Holly Futures' total issued share capital. The company stated the reduction does not violate relevant regulations and will not result in a change of control. The board anticipates no material adverse impact on business operations or corporate governance. Holly Su Industrial is no longer the controlling shareholder or the largest shareholder of the Company.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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