BRAINHOLE TECH (02203) further sold a total of 51,000 shares of Xiaopeng Motors.

date
13/02/2025
avatar
GMT Eight
BRAINHOLE TECH (02203) announced that on February 13, 2025, in addition to the previously disclosed sale of shares in Xiaopeng Motors, the company further sold a total of 51,000 shares of Xiaopeng Motors on the open market for a total consideration of approximately $800,000 (equivalent to approximately $6.3 million Hong Kong dollars) (excluding transaction costs). Due to the further sale of Xiaopeng Motors shares, the group expects to recognize revenue of approximately $40,000.

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