South China Finance Divests 81.88 Million Shares in I-Cable Communications

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South China Finance (00619) announced that its wholly-owned subsidiary sold a total of 81.88 million shares in I-CABLE COMM (I-CABLE COMMUNICATIONS LIMITED) through a series of market transactions between December 29, 2025, and February 23, 2026. The shares represent approximately 1.15% of I-CABLE COMM's total issued share capital. The total consideration for the disposal was approximately HKD 6.81 million, excluding transaction costs. The average selling price per I-CABLE COMM share was approximately HKD 0.083. The disposals were executed at the prevailing market prices of I-CABLE COMM shares. The Board of Directors believes the disposals will enhance the Group's liquidity. The Group intends to use the net proceeds from the disposals for general working capital purposes.

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The Group intends to use the net proceeds from the disposals for general working capital purposes.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1147","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"","article_id":"1126214028","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126214028","pubTimestamp":1771846222,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"South China Finance (00619) announced that its wholly-owned subsidiary sold a total of 81.88 million shares in I-CABLE COMM (I-CABLE COMMUNICATIONS LIMITED) through a series of market transactions...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1147":"投资银行业与经纪业","BK1120":"有线和卫星","00619":"南华金融","01097":"有线宽频"},"translate_title":"华南金融剥离有线宽频通信8188万股股份","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00619":1,"01097":1},"content_text":"South China Finance (00619) announced that its wholly-owned subsidiary sold a total of 81.88 million shares in I-CABLE COMM (I-CABLE COMMUNICATIONS LIMITED) through a series of market transactions between December 29, 2025, and February 23, 2026. 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