Major Shareholder Chinaculture.com Limited Sells Approximately 299 Million Shares in CNT Group at HK$0.10 Each

Stock News

Jun 22

Information from the Hong Kong Stock Exchange reveals a significant share sale on June 17. CHINACULTURE.COM LIMITED divested approximately 299.28 million shares of CNT GROUP (00701), executing the transaction at a price of HK$0.10 per share. The total value of this disposal amounts to roughly HK$29.93 million.

Following this sale, CHINACULTURE.COM LIMITED's remaining shareholding in CNT GROUP stands at about 50.08 million shares. This represents a stake of 2.63% in the company.

The transaction involves several connected parties, including CHUANG'S CHINA INVESTMENTS LIMITED, CHUANG'S CONSORTIUM INTERNATIONAL LIMITED, EVERGAIN HOLDINGS LIMITED, PROFIT STABILITY INVESTMENTS LIMITED, Mr. Chuang Shao-sui, and Madam Chuang Ho Pik-yu.

Additional Information

The sale by Chinaculture.com Limited relates to its acceptance of a tender offer from CNT Group Limited concerning 299,277,655 shares. The offer, which was announced by CNT on April 21, 2026, was declared unconditional by the company on June 17, 2026.

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This represents a stake of 2.63% in the company.The transaction involves several connected parties, including CHUANG'S CHINA INVESTMENTS LIMITED, CHUANG'S CONSORTIUM INTERNATIONAL LIMITED, EVERGAIN HOLDINGS LIMITED, PROFIT STABILITY INVESTMENTS LIMITED, Mr. Chuang Shao-sui, and Madam Chuang Ho Pik-yu.Additional InformationThe sale by Chinaculture.com Limited relates to its acceptance of a tender offer from CNT Group Limited concerning 299,277,655 shares. The offer, which was announced by CNT on April 21, 2026, was declared unconditional by the company on June 17, 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}