Latest data from the Hong Kong Stock Exchange reveals that on March 9, a shareholder of MOST KWAI CHUNG (01716) deposited shares with Li Ka Shing Securities. The deposited shares have a market value of HK$212 million, representing 65% of the company's issued share capital.
Separately, MOST KWAI CHUNG announced that trading of the company's shares on the Hong Kong Stock Exchange will be suspended commencing 9:00 a.m. on Friday, March 6, 2026. The suspension is pending the release of an announcement under the Hong Kong Codes on Takeovers and Mergers, which constitutes inside information of the company.
The company's interim results for the six months ended September 30, 2025, showed revenue of HK$45.045 million, a slight increase of 0.95% year-on-year. Profit attributable to owners of the company was HK$894,000, representing a significant decrease of 78.83% compared to the same period last year. Basic earnings per share were HK$0.33 cent.
According to the announcement, the increase in revenue was primarily attributable to higher revenue from the digital media services segment. This growth was driven by an increase in the number of clients and higher marketing expenditures from those clients.