CLSA Premium's Controlling Shareholder in Talks with Beijing Tong Ren Tang (Cayman) Over Share Disposal

MT Newswires Live

2025/01/30

CLSA Premium's (HKG:6877) controlling shareholder, CITIC Securities International, is in talks with Beijing Tong Ren Tang (Cayman) regarding the disposal of shares, a Tuesday Hong Kong bourse filing stated.

CITIC first announced its intention to transfer between 569,321,200 and 813,316,000 shares in CLSA Premium through a public solicitation process in July 2024.

The shares represent roughly 28% to 40% of the financial services provider's total issued share capital.

The parties are yet to enter into a formal agreement regarding the transfer of the shares.

Price (HKD): $0.10, Change: $-0.0040, Percent Change: -3.85%

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