SOUTH CHINA FIN(00619) has sold a total of 81.88 million shares of I-CABLE COMMUNICATIONS.
South China Financial (00619) announced that the company, through its wholly-owned subsidiary, sold a total of 81.88 million shares of WTT (WTT Holding Corporation) on the market through a series of transactions from December 29, 2025 to February 23, 2026. The total consideration was approximately HK$6.81 million (excluding transaction costs). The average selling price per share of WTT shares sold was approximately HK$0.083.
SOUTH CHINA FIN (00619) announced that the company, through its wholly-owned subsidiary, sold a total of 81.88 million shares of I-CABLE COMMUNICATION (I-CABLE COMMUNICATION Limited) on the market through a series of transactions from December 29, 2025, to February 23, 2026. The total consideration was approximately HK$6.81 million (excluding transaction costs). The average selling price of each I-CABLE COMMUNICATION share sold was approximately HK$0.083.
The sale was made based on the market price of I-CABLE COMMUNICATION shares. The Board of Directors believes that the sale will increase the company's liquidity. The company plans to use the proceeds from the sale for general operating purposes.
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