RS MACALLINE (01528): Changzhou Meikai Has Sold All 43.023 Million Shares Held
Stock News
Oct 17
RS MACALLINE (01528) announced that it has received a notification from Red Star Holdings Group Co., Ltd. ("Red Star Holdings"), stating that its wholly-owned subsidiary Changzhou Meikai Information Technology Co., Ltd. has completely sold all 43.023 million shares it held in the company. Following this equity change, Changzhou Meikai no longer holds any shares in the company, while Red Star Holdings and its concerted parties' shareholding ratio has decreased from 19.95% to 18.96%, marking a change that touches upon a 1% integer threshold.
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.