CNT Group Mandatory Offer Update: Chinaculture.com Sells 1.29 Million Shares, Stake Drops to 18.42%

Bulletin Express

Jun 01

Under Rule 22 of the Hong Kong Code on Takeovers and Mergers, the Executive disclosed that Chinaculture.com Limited, classified as a class (6) associate of offeree company CNT Group Limited, executed multiple on-market disposals of CNT shares on 29 May 2026.

• Transaction volume and pricing: A total of 1.29 million CNT shares were sold in seven tranches at prices ranging from HK$0.1110 to HK$0.1180 per share, implying a weighted average price of approximately HK$0.1136.

• Post-transaction holding: Following the sales, Chinaculture.com’s ownership decreased from 18.48% to 18.42% of CNT’s issued share capital, leaving it with 350.57 million shares.

• Corporate background: Chinaculture.com Limited is ultimately owned by Chuang’s China Investments Limited and confirmed that the dealings were executed for its own account.

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