CARLINK TECH Holdings Shareholder Transfers HK$278 Million Stake from DBS to Deutsche Bank

Stock News

03/05

On March 4th, a shareholder of CARLINK TECH Holdings transferred shares from DBS Bank to Deutsche Bank AG. The transferred shares had a market value of HK$278 million, representing 11.21% of the company's stock. Separately, CARLINK TECH Holdings announced an update regarding a memorandum of understanding and strategic cooperation outlined in July 2025. As the involved parties were unable to agree on the terms and sign a definitive agreement, the company has issued a termination notice to High West to end the memorandum of understanding. The termination will take effect from December 15, 2025. The termination of the memorandum is not expected to have any significant adverse impact on the company's financial condition or operations.

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