EASYKNIT INT'L Sees Share Pledge Worth HK$76.86 Million as Major Holder Transfers 15.49 Million Shares to Hungya Capital

Stock News

Sep 14

Recent filings from the Hong Kong Stock Exchange reveal that on September 11, EASYKNIT INT'L (01218) experienced a notable position shift, with shares held in custody reaching a total market value of HK$76.86 million, representing 44.02% of the company’s issued shares.

According to the exchange data, a shareholder of the company deposited 15.49 million shares into Hungya Capital, thereby increasing the latter’s stake in the company by 10.46 percentage points. This move underscores a significant change in the ownership structure of the firm.

In its annual results for the year ending March 31, 2026, EASYKNIT INT'L reported revenue from continuing operations of HK$398 million, a decline of 18.4% compared to the prior year. The company also posted a loss attributable to shareholders of HK$435 million, narrowing by 39.34% year-on-year, with a basic loss per share of HK$5.89.

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This move underscores a significant change in the ownership structure of the firm.<br><br>In its annual results for the year ending March 31, 2026, <b>EASYKNIT INT'L</b> reported revenue from continuing operations of HK$398 million, a decline of 18.4% compared to the prior year. 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