SY HOLDINGS (06069) Sees Controlling Shareholder Purchase Additional 5.293 Million Shares for HK$50.15 Million

Stock News
Apr 24

SY HOLDINGS (06069) announced that between March 18, 2026, and April 24, 2026, Mr. Tung Chi Fung, the company's Board Chairman, Executive Director, and controlling shareholder, purchased a total of 5.293 million company shares through Wisdom Cosmos Limited, an entity under his control. The acquisitions were made on the open market at an average price of approximately HK$9.47 per share, involving a total consideration of about HK$50.15 million. Following this purchase, the direct shareholding of Wisdom Cosmos Limited in the company increased to approximately 53.44%. The announcement stated that this transaction demonstrates Mr. Tung's firm confidence in the group's long-term development prospects and intrinsic value, as well as his full support for its sustained and stable growth. Since the company's listing, Mr. Tung has never sold any shares in any form and has made several purchases, accumulating over 14.4 million shares with a total investment exceeding HK$120 million. Mr. Tung has also indicated to the company that, subject to applicable laws and regulatory requirements, he may consider further share purchases at appropriate times in the future.

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