EASYKNIT INT'L Sees Share Pledge Worth HK$76.86 Million as Major Holder Transfers 15.49 Million Shares to Hungya Capital

Stock News
09/14

Recent filings from the Hong Kong Stock Exchange reveal that on September 11, EASYKNIT INT'L (01218) experienced a notable position shift, with shares held in custody reaching a total market value of HK$76.86 million, representing 44.02% of the company’s issued shares.

According to the exchange data, a shareholder of the company deposited 15.49 million shares into Hungya Capital, thereby increasing the latter’s stake in the company by 10.46 percentage points. This move underscores a significant change in the ownership structure of the firm.

In its annual results for the year ending March 31, 2026, EASYKNIT INT'L reported revenue from continuing operations of HK$398 million, a decline of 18.4% compared to the prior year. The company also posted a loss attributable to shareholders of HK$435 million, narrowing by 39.34% year-on-year, with a basic loss per share of HK$5.89.

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