Contel Technology Clarifies Controlling Shareholder Stake After Share Consolidation

Reuters
Mar 05
Contel Technology Clarifies Controlling Shareholder Stake After Share Consolidation

Contel Technology Co. Ltd. issued a clarification to correct the reported number of shares held by its controlling shareholder, P.Grand, in earlier announcements. Following the company’s 10-to-1 share consolidation that took effect on 21 November 2025, P.Grand’s holding should be stated as 66,274,600 shares rather than 662,746,000, while its ownership remains unchanged at about 50.29% of the issued share capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Contel Technology Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260305-12041540), on March 05, 2026, and is solely responsible for the information contained therein.

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