D&G Technology controlling shareholder undergoes family reorganization for succession
Prima DG, the controlling shareholder of D&G Technology Holding Company Limited, completed a reorganization of its shareholding structure on October 21, 2025. This move was part of family planning and succession arrangements. Prima DG continues to hold approximately 55.14% of D&G Technology's total issued share capital, with the Choi Family collectively retaining 100% ownership of Prima DG.
The reorganization involved a two-step process. On October 20, 2025, the late Ms. SC Tin's 20% interest in Prima DG was transferred to Mr. HN Choi, increasing his stake to 60%. Subsequently, on October 21, 2025, Mr. HN Choi transferred his 60% interest to Mr. D Choi and Ms. G Choi in equal shares. This resulted in each holding 50% of Prima DG, and Mr. HN Choi ceasing to hold any shares.
The Choi Family secured a waiver from the executive director of the Corporate Finance Division of the SFC regarding Mr. HN Choi's obligation to make a mandatory general offer. This offer might have been triggered by the temporary increase in his shareholding in Prima DG during the reorganization.
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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