Da Sen Holdings’ Controlling Shareholder Cuts Stake but Retains Control
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Da Sen Holdings Group Ltd's controlling shareholder, Mr. Wong Tseng Hon, has sold 119.7 million shares, reducing his stake from 67.74% to 56.82%. Despite this reduction, he remains the controlling shareholder. The board does not anticipate any negative impact on the company's operations or financial position due to this sale, but advises caution to shareholders regarding ownership concentration. The current analyst rating for Da Sen Holdings is a Hold with a price target of HK$0.24. The company is listed in Hong Kong and has a market cap of HK$306.8M.
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