SY Holdings (06069) reported that Chairman and controlling shareholder Mr. Tung Chi Fung has completed a further share-purchase plan, acquiring 5.29 million shares on the open market between 18 March and 24 April 2026. The transactions, executed via Wisdom Cosmos Limited, were completed at an average price of HK$9.47 per share for a total consideration of HK$50.15 million.

Following the latest purchases, Wisdom Cosmos Limited’s direct stake in SY Holdings has risen to approximately 53.44% of the company’s issued share capital, excluding treasury shares. Since the company’s listing, Mr. Tung has never sold any shares and has cumulatively purchased more than 14.40 million shares for over HK$120 million.

The company confirmed it continues to meet the Hong Kong Listing Rules requirement for a sufficient public float and that the transactions complied with the Model Code for Securities Transactions by Directors. The increase in shareholding does not trigger any mandatory general offer under the Codes on Takeovers and Mergers and Share Buy-backs.

Mr. Tung reiterated confidence in the Group’s long-term prospects and indicated the possibility of additional share purchases, subject to regulatory requirements. Shareholders and investors are advised to exercise caution when dealing in the company’s securities.