CHINA SAFTOWER (08623) changes hands: The original major shareholder transferred 25% of the shares, and executive director Luo Qicong becomes the new major shareholder.
China Shu Tower (08623) announces that its major shareholder, Red Fly Investment Limited (the seller), notified the company on December 30, 2025 (after trading hours) that it had sold a total of 46.79 million shares of the company to Lockxy Investment Limited (the buyer), a limited company registered in the British Virgin Islands, representing approximately 25.00% of the company's issued shares as of the announcement date.
CHINA SAFTOWER (08623) Announcement: The company's major shareholder, Red Fly Investment Limited (the seller), notified the company on December 30, 2025 (after trading hours) that it has sold a total of 46.79 million shares of the company to Lockxy Investment Limited, a limited company registered in the British Virgin Islands. This represents approximately 25.00% of the total issued shares as of the date of this announcement.
The buyer is an investment holding company fully owned by Ms. Rosie. As of the date of this announcement, Ms. Rosie serves as an executive director of the company.
Following the completion of this transaction, the seller will hold the remaining 5.902 million shares, representing approximately 3.15% of the total issued shares, and will no longer be a major shareholder of the company. The buyer, together with Ms. Rosie, will hold 47.9585 million shares, representing approximately 25.62% of the total issued shares as of the date of this announcement, and have become the main shareholders of the company.
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