HK FINANCE GP (01273) has announced that the company received notifications from two executive directors, Mr. Chan Kwong Nam and his brother Mr. Chan Kwong Yin. For wealth planning purposes, on February 9, 2026, Tin Ching Holdings Limited transferred its entire holding of 90 million shares in the company, representing approximately 21.69% of the issued share capital, to Po Shun Holdings Limited for a nominal consideration. Po Shun Holdings Limited is incorporated in the British Virgin Islands and is wholly owned by Mr. Chan Kwong Nam.
On the same date, Mr. Chan Kwong Nam transferred his 5,000 shares in Tin Ching Holdings Limited, representing 50% of its issued share capital, to Mr. Chan Kwong Yin for a nominal consideration. Mr. Chan Kwong Nam also resigned as a director of Tin Ching Holdings Limited on that day.
Prior to these transactions, Tin Ching Holdings Limited directly held 260 million shares, approximately 62.65% of the company's issued share capital, and was owned equally by Mr. Chan Kwong Nam and Mr. Chan Kwong Yin. Following the transfers, Tin Ching Holdings Limited now directly holds 170 million shares, approximately 40.96% of the issued share capital, and is wholly owned by Mr. Chan Kwong Yin. Po Shun Holdings Limited now directly holds 90 million shares, approximately 21.69% of the issued share capital, and is wholly owned by Mr. Chan Kwong Nam.
As a result, Po Shun Holdings Limited has become a major shareholder of the company. Mr. Chan Kwong Nam is no longer a controlling shareholder but remains a major shareholder. Tin Ching Holdings Limited and Mr. Chan Kwong Yin continue to be the controlling shareholders of the company.