WK Group (Holdings) Ltd. Announces Placing of 400 Million Existing Shares by Controlling Shareholder

Reuters

Sep 01

WK Group (Holdings) Ltd. Announces Placing of 400 Million Existing Shares by Controlling Shareholder

WK Group (Holdings) Ltd. announced a share transaction involving the placing of 400,000,000 existing shares by its controlling shareholder, WK (BVI) Limited, through a placing agreement with Quam Securities Limited. This represents 20% of the existing issued share capital. Upon completion, the Vendor's shareholding will decrease to 620,000,000 shares, or 31% of the total issued share capital. The price of the shares was not disclosed in the document.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WK Group (Holdings) Ltd. published the original content used to generate this news brief on September 01, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces Placing of 400 Million Existing Shares by Controlling Shareholder","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      WK Group (Holdings) Ltd. Announces Placing of 400 Million Existing Shares by Controlling Shareholder\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        WK Group (Holdings) Ltd. announced a share transaction involving the placing of 400,000,000 existing shares by its controlling shareholder, WK (BVI) Limited, through a placing agreement with Quam Securities Limited. This represents 20% of the existing issued share capital. Upon completion, the Vendor's shareholding will decrease to 620,000,000 shares, or 31% of the total issued share capital. 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Announces Placing of 400 Million Existing Shares by Controlling Shareholder\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-01 18:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      WK Group (Holdings) Ltd. 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