Silkwave Inc Shareholder Transfers HK$51.4 Million Worth of Shares from Kingston Securities to Baoxin Securities
Stock News
Apr 16
On April 15, a shareholder of Silkwave Inc transferred shares previously held with Kingston Securities to Baoxin Securities. The transferred shares had a market value of HK$51.4 million, representing 16.48% of the company's issued share capital.
In its recently released annual results for the fiscal year ending December 31, 2025, the group reported revenue of $7.29 million, a 14% increase year-over-year. The net loss narrowed significantly to $60,000, which is a 99.4% improvement compared to the previous year. The loss per share was 0.37 cents.
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