ST HLDGS (08305) receives an increase of 480,000 shares by executive director Li Mengda.

ST HLDGS (08305) announces that the Board has been notified by Mr. Li Mengda (Mr. Li), an executive director of the Company and the chairman of the Board, that recently, Mr. Li purchased a total of 480,000 ordinary shares of the Company in the open market at an average price of approximately HK$0.210 per share, for a total consideration of approximately HK$100,900 (the Shareholding Increase). Immediately prior to the Shareholding Increase, Mr. Li held an interest in 31,500,000 shares, representing approximately 1.94% of the total issued share capital of the Company; immediately after the Shareholding Increase, Mr. Li held 31,980,000 shares, representing approximately 1.97% of the total issued share capital of the Company. Mr. Li stated that the Shareholding Increase fully reflects his firm confidence in the Company's future prospects and long-term growth potential, as well as his recognition of the Company's long-term value. Subject to compliance with applicable laws and regulatory requirements, Mr. Li does not rule out the possibility of further increasing his shareholding in the Company at an appropriate time in the future.