Sprocomm Intelligence (HKG:1401) received the results of the inquiry of the Securities and Futures Commission into the company's shareholding on Tuesday.
The results showed that 26 shareholders held 51.74% of the issued shares of the company and two substantial shareholders held 34.50% of issued shares as of Nov. 7.
The SFC also reported that 4.76% of the issued shares were not held in the Central Clearing and Settlement System even though they were registered under the name of HKSCC Nominees at the company's Hong Kong register of members.
The shareholdings mentioned above make up 91% of the issued shares of the company leaving only 9% for other shareholders, a Tuesday Hong Kong bourse filing said.
SFC further mentioned that the company's shares' closing price rose by 330% to HK$15.00 on Nov. 6 from HK$3.49 on Sept. 11. The shares closed at HJJ$13.36 on Tuesday, representing an increase of 283% from that on Sept. 11.
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