SOFTMEDX (00648) Controlling Shareholder Plans to Sell Up to 500 Million Shares

Stock News
Apr 29

SOFTMEDX (00648) announced that its controlling shareholder, Multi Omniverse Group Limited, entered into a placing agreement with a placing agent after trading hours on April 29, 2026. The agreement involves the sale of up to 500 million company shares held by the shareholder through the placing agent, with a placing price of HK$0.11 per share. The placing period will run from the date of the placing agreement until May 8, 2026, or a longer period as may be agreed in writing between the placing shareholder and the placing agent. Upon completion of the placing, and assuming all placing shares are successfully allocated to placees, the placing shareholder will hold approximately 1.093 billion shares in the company, representing about 51.0% of the issued share capital, and will remain the controlling shareholder.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10