Chang'an Trust to divest part of its stake in Unisplendour Corp
Chang'an International Trust Co., Ltd. – Chang'an Trust · CPIC 1st Trust, a shareholder with 5.50% of Unisplendour Corp's total share capital, plans to divest up to 28,600,798 shares. This represents approximately 1.00% of the company's total share capital. The reduction will occur via centralized bidding within three months, starting 15 trading days after the announcement's disclosure, specifically from January 16, 2026, to April 15, 2026. The selling price will be determined by market conditions.
The divestment is primarily driven by the trust's need for funding arrangements. The shares were acquired through an agreed transfer, with registration completed on January 15, 2025. Chang'an Trust · CPIC 1st Trust is not a controlling shareholder or actual controller of Unisplendour Corp. The company stated this share reduction will not significantly impact its corporate governance, equity structure, or future operations, nor will it lead to a change in control.
As of the disclosure date, Chang'an Trust · CPIC 1st Trust holds 157,304,393 shares in Unisplendour Corp. The actual number of shares to be reduced and the transaction price remain uncertain, as they depend on market conditions and the trust's final decision.
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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