Contel Technology (1912) Announces Charge of Controlling Shareholder’s Shares

Bulletin Express

02/13

Contel Technology Company Limited (1912) announced that on 12 February 2026, Chairman, Chief Executive Officer, and Executive Director Mr. Lam Keung charged all issued shares in the capital of P.Grand (BVI) Ltd. in favor of a chargee as security for a personal loan facility. P.Grand (BVI) Ltd., wholly owned by Mr. Lam, is the controlling shareholder of Contel Technology (1912).

P.Grand (BVI) Ltd. holds approximately 662.75 million shares, representing around 50.29% of Contel Technology’s total issued share capital. The chargee is also the lender of existing loan facilities previously granted to Contel Technology (1912). The announcement advises shareholders and potential investors to exercise caution when dealing in the company’s shares.

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