CHYY (08128) Announces Share Repurchase and Updated Shareholding Details

Bulletin Express
2025/10/23

CHYY Development Group Limited (stock code: 08128) disclosed a Next Day Disclosure Return dated 23 October 2025. The announcement indicates that the company repurchased 1,000,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 0.039 to HKD 0.04 per share, totaling approximately HKD 39,816. Following the transaction, the number of treasury shares increased from 22,576,000 to 23,576,000, while the number of issued shares (excluding treasury shares) decreased from 4,504,349,163 to 4,503,349,163.

According to the announcement, the repurchased shares are being held as treasury shares rather than canceled. Under the repurchase mandate dated 22 May 2025, the issuer is subject to a 30-day moratorium period that restricts new share issuances or the sale or transfer of treasury shares until 22 November 2025, as stipulated by the relevant regulatory requirements.

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