BASIC H NEWLIFE: Further Sale of Listed Securities
BASIC H NEWLIFE announced plans to further sell listed securities on March 24, 2025, including 200,000 shares of China Life H shares, 300,000 shares of Geely Auto, and 50,200 shares of KUAISHOU-B. The total amounts for the sales are HKD 3.2 million, HKD 5.2 million, and HKD 2.9 million, respectively. After the sales, the company will no longer hold these shares
According to the announcement from BASIC H NEWLIFE (08360), on March 24, 2025, the company further sold a total of 200,000 shares of China Life H shares (accounting for approximately 0.001% of the total issued share capital of China Life as of the date of this announcement) in the open market, with a total consideration of approximately HKD 3.2 million (excluding transaction costs) (equivalent to a selling price of approximately HKD 15.8 per share of China Life H shares). Following the further sale of China Life H shares, the company no longer holds any China Life H shares.
On March 24, 2025, according to the previous announcement regarding the prior sale of Geely shares, the company further sold a total of 300,000 shares of Geely shares (accounting for approximately 0.003% of the total issued share capital of Geely Auto as of the date of this announcement) in the open market, with a total consideration of approximately HKD 5.2 million (excluding transaction costs) (equivalent to a selling price of approximately HKD 17.4 per share of Geely shares). Following the further sale of Geely shares, the company no longer holds any Geely shares.
On March 24, 2025, according to the previous announcement regarding the prior sale of KUAISHOU-B shares, the company further sold a total of 50,200 shares of KUAISHOU-B shares (accounting for approximately 0.001% of the total issued share capital of Kuaishou Technology as of the date of this announcement) in the open market, with a total consideration of approximately HKD 2.9 million (excluding transaction costs) (equivalent to a selling price of approximately HKD 57.8 per share of KUAISHOU-B shares). Following the further sale of KUAISHOU-B shares, the company no longer holds any KUAISHOU-B shares
