Shenghui Cleanness' Substantial Shareholding Changes After Share Sale

MT Newswires Live

01/23

Shenghui Cleanness (HKG:2521) said the disposal of the company shares by Sunrise Cleanness Investment has been completed, resulting in a change in substantial shareholding, according to a Thursday Hong Kong bourse filing.

Shares of the firm were down over 1% in Friday morning trade.

Following completion, Sunrise Cleanness now holds 122.8 million shares, representing about 6.3% of the company's issued share capital, and has ceased to be a substantial shareholder.

The purchaser, Huali (Asia) Industries, now holds 370.4 million shares, or about 19% of the issued share capital, and has become a substantial shareholder, the filing said.

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