STREAM IDEAS (08401) suffered as its major shareholder intends to sell 20 million shares.

STREAM IDEAS (08401) announced that the board of directors received a notice from the company's major shareholder, Yuanxiang Investment Limited (Yuanxiang Investment), that Yuanxiang Investment has sold 20 million shares of the company at an average price of HK$0.12 per share on the Stock Exchange of Hong Kong earlier today, representing approximately 8.33% of the company's issued share capital. Following this sale, Yuanxiang Investment now holds 56.28 million shares, representing approximately 23.45% of the company's issued share capital. The announcement stated that the board of directors is not aware of any insider information about the company.