GCL New Energy Holdings Chair Discloses 35.6% Stake, Eyes Further Investment

MT Newswires Live
28 Jul

GCL New Energy Holdings (HKG:0451) said Chairman Zhu Gongshan has disclosed a 35.56% interest in the company as of July 27 held via Asia Pacific Energy Fund, which includes 141.6 million shares through the potential conversion of bonds, according to a Monday Hong Kong bourse filing.

Zhu expressed continued confidence in the company and may consider further share purchases, subject to regulatory and market conditions, the filing said.

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