Baiya Group: Shareholders Zhong Wang Yao Hui and director Xie Qiulin plan to reduce their holdings by 0.92% and 0.08% respectively.
Baiya Corporation announced that its shareholder Zhong Wang Yaohui Investment Limited intends to reduce its holdings by no more than 3.938 million shares, accounting for 0.92% of the total share capital, through centralized bidding or block trading within 3 months after the 15 trading days from the announcement date. Director Xie Qiulin also plans to reduce his holdings by no more than 358,000 shares, accounting for 0.08% of the total share capital. The two parties together plan to reduce their holdings by no more than 4.296 million shares, accounting for 1% of the total share capital. As of the announcement date, Zhong Wang Yaohui holds 53.5722 million shares, accounting for 12.47%; Xie Qiulin holds 1.4331 million shares, accounting for 0.33%.
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