-+ 0.00%
-+ 0.00%
-+ 0.00%
Shareholders of SafeXun International (01953) with a total market value of HK$255 million deposited 104 million shares into CMB International Securities
Share
Listen to the news

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, on October 29, Safexun International (01953) changed positions, with a total market value of HK$255 million, accounting for 17.06%. The company's shareholders deposited 104 million shares into CMB International Securities, reducing their shareholding ratio by 0.01%.

SafeXun International announced that all conditions of the placement agreement have been met and completed on October 29, 2026. In accordance with the terms and conditions of the placement agreement, the placement agent has successfully placed a total of 215 million shares to no less than six placement targets at the placement price of HK$0.973 per share, accounting for approximately 14.58% of the company's issued share capital after completion and expansion of the placement shares. According to the directors' knowledge, knowledge and conviction after making all reasonable inquiries, and as advised by the placement agent, (i) the placement target and their respective ultimate beneficial owners (if any) are independent third parties; and (ii) none of the placements became major shareholders of the Company after completion. The net proceeds from the placement (after deducting placement commissions and other related expenses and professional expenses) were approximately HK$208 million.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending