03:06
Golden Finance reported that after BC Technology announced its restructuring, Hong Kong media disclosed that the company's former major shareholder, East Harvest, had diluted its shareholding to 29.94% after the completion of the allotment. BC Technology said that East Harvest will undergo a share restructuring, which was originally jointly owned by Gao Zhenshun, Lo Ken Bon, Madden Hugh Douglas, Chapman David James and Cheng Wan Gi, and will transfer part of its shares in BC Technology to various beneficial owners after the restructuring, and after the reorganization, East Harvest will be wholly owned by Gao Zhenshun and hold about 10.67% of BC Technology The analysis believes that this move is to pave the way for the three executive directors who have resigned to sell and withdraw in the future.
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