Century Legend (Holdings) Limited (00079) Announces Disposal of PLTR Shares

Bulletin Express
Mar 09

Century Legend (Holdings) Limited (00079) announced that a wholly-owned subsidiary disposed of a total of 2,700 shares in Palantir Technologies Inc. (PLTR) on 17 December 2025 and 6 March 2026 at an average price of US$163.66 per share. The transaction generated gross proceeds of approximately US$0.44 million (HK$3.45 million), excluding transaction costs. Following these disposals, the group continues to hold 20,750 PLTR shares.

The shares sold represent around 0.00011% of PLTR’s total issued shares based on publicly available information. According to the announcement, the book value of the disposed shares was approximately US$0.12 million (HK$0.92 million) as of 30 November 2025 and US$0.27 million (HK$2.14 million) as of 28 February 2026. The disposals led to a total profit of about HK$0.39 million, calculated by comparing the book value of the shares with the gross sale proceeds (excluding transaction costs).

PLTR, headquartered in Denver, builds software platforms for data integration and analysis. Its full-year 2025 audited revenue was reported at US$4.48 billion, with a net profit of US$1.63 billion attributable to equity shareholders. Century Legend (Holdings) Limited noted that the disposals were intended to enhance the group’s cash flow and boost liquidity.

Under Chapter 14 of the Listing Rules, this transaction qualifies as a discloseable transaction as the applicable percentage ratios exceed 5% but are less than 25%, requiring reporting and announcement. The company indicated that the PLTR shares were sold on the open market, with purchasers and their ultimate beneficial owners identified as independent third parties.

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