GIANT BIOGENE: The controlling shareholder Juzi Holding plans to increase its holdings of the company's shares by no less than HKD 200 million
GIANT BIOGENE announced that its controlling shareholder Juzi Holding plans to increase its holdings of the company's shares by no less than HKD 200 million within three to six months. The board of directors believes that this move reflects the controlling shareholder's long-term commitment and confidence in the company's future development
According to the Zhitong Finance APP, GIANT BIOGENE (02367) announced that the company's board of directors received a notification from its controlling shareholder Juzi Holding Co., Ltd. (Juzi Holding) stating that, based on recognition of the company's value and confidence in the overall business development and growth potential of the company, Juzi Holding plans to increase its shareholding in the company within three to six months from the date of this announcement, with an amount not less than HKD 200 million (the shareholding increase plan).
The company's board of directors believes that Juzi Holding's shareholding increase plan reflects the controlling shareholder's long-term commitment to the company and firm confidence in the company's prospects