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CARLINK TECH Tumbles 22%+, Flagged by SFC for Highly Concentrated Shareholding
Recommend 2 Positive 4 Negative 3 |
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CARLINK TECH (02531.HK) opened down 6.35% today, bottoming at $19.8. It last printed at $21.9, down 22.75%, on volume of 258,000 shares and turnover of $5.4015 million. CARLINK TECH was flagged by the Securities and Futures Commission (SFC) for highly concentrated shareholding. The SFC recently completed an enquiry into the shareholding of the company. Its findings suggested that as at January 2, 20 shareholders including 3 executive directors of the company held an aggregate of 348 million shares, representing 94.94% of the issued shares. Therefore, only 18.5595 million shares (representing 5.06% of the issued shares) were held by other shareholders. AAStocks Financial News |
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