Wang Dongxing Increases Stake in Sunshine Paper with 158,000 Share Purchase
Stock News
Sep 17
Hong Kong stock exchange filings show that on September 14, Wang Dongxing acquired an additional 158,000 shares of Sunshine Paper (02002) at a price of HK$1.1465 per share, totaling approximately HK$181,100. Following this transaction, his latest shareholding stands at around 347 million shares, representing a 32.62% stake in the company.
The transaction involved related parties Wu Rong, Shi Weixin, and Wang Changhai. Supplementary information indicates that under Section 318 of the SFO, Wang Dongxing is deemed to be interested in the 3,840,000 shares of China Sunshine Paper Holdings Co. Ltd. held by Mr. Wang Changhai.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.