SUNWAH KINGSWAY (00188) sold a total of 21,200 shares of Tencent.

SUNWAH KINGSWAY (00188) announced that from August 19, 2025, to August 13, 2026, the company, through its wholly-owned subsidiary, will conduct a series of on-market transactions on the Hong Kong Stock Exchange to sell a total of 21,200 shares of Tencent (approximately 0.0002% of the total issued shares of Tencent as of the date of this announcement), with the average daily price per Tencent share ranging from HKD 465 to HKD 655, for a total consideration of approximately HKD 12.61 million (excluding transaction costs). The Group's main business is to provide financial services, including securities, commodities futures and futures brokerage, corporate finance, asset management, lending, property investment, and proprietary investment. The sale provides the Group with an opportunity to liquidate part of its investment in Tencent shares. The sale is made based on the market price at the time of the sale and allows the Group to convert cash resources for general working capital and other potential investment funding. The liquidation gain from the sale is approximately HKD 1 million, which is the difference between the total consideration of the sale and the total purchase price of the Tencent shares sold. As the sale is conducted through the open market on the Hong Kong Stock Exchange and based on market prices, the Board believes that the sale is fair and reasonable, conducted on normal commercial terms, and in the overall interests of the company and its shareholders.