NVC International Holdings Limited has announced a change in the shareholding structure of its substantial shareholders. This development involves the transfer of the entire issued share capital of Leap Gain Limited, a subsidiary indirectly controlled by executive Director Mr. WANG Keven Dun, to Veritas Holdings Limited. The transfer is part of family wealth planning for the Wang family and is not expected to impact the control and management of the company. Leap Gain, through its wholly-owned subsidiary Canopy Capital Limited, holds significant interest in the company. The Board views the transfer as a strategic move with no adverse effects on the company's operations.
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