Grand Ming Group Holdings (01271) Reports Unusual Stock Price and Volume Fluctuations, Negotiating Sale of Data Center Stake

Stock News
Jan 04

Grand Ming Group Holdings (01271) has issued an announcement stating that the company's board of directors is aware of the unusual movements in the company's share price and trading volume on January 2, 2026. Following reasonable enquiries under the current circumstances, and aside from the disclosures below, the board confirms that, as of the date of this announcement, it is not aware of any reasons for these share price and volume fluctuations, or any information that must be disclosed to prevent a false market in the company's securities, nor any inside information required to be disclosed under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). The exclusive rights period under the company's announcement dated September 22, 2025 (concerning a potential disposal) has expired at the end of 2025. As of the date of this announcement, the company is continuing to actively seek different potential buyers and is negotiating the sale of its interests in an operational data center and a data center under construction to improve the Group's liquidity and reduce its gearing ratio. The company will make a further announcement at an appropriate time.

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