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HKG:0648

3 stories mentioning HKG:0648Updated 31d ago

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Asia

SoftMedx Healthcare's Controlling Shareholder Completes Share Sale; Shares Up 5%

SoftMedx Healthcare (HKG:0648) said its controlling shareholder completed the placement of 445 million existing shares at HK$0.11 apiece, according to a May 15 Hong Kong bourse filing.Shares of the firm were up nearly 5% in Monday morning trade.The placed shares represent about 20.8% of the company's issued share capital.Following completion of the placement, the controlling shareholder's stake in SoftMedx decreased to 30.3% from 51%.The company said the shares were placed to not fewer than six independent placees and none became a substantial shareholder following the transaction.

HKG:0648
Asia

SoftMedx Healthcare's Controlling Shareholder Completes Share Sale

SoftMedx Healthcare (HKG:0648) said its controlling shareholder completed the sale of 500 million shares to new investors, according to a Thursday filing with the Hong Kong bourse.The healthcare company's shares were up over 2% in morning trading Friday.The shares represent 23.3% of the business and reduced Multi Omniverse Group's ownership to 51%.Multi Omniverse continues to remain the controlling shareholder of the company, SoftMedx said.

HKG:0648
Asia

SoftMedx Healthcare Proposes Share Consolidation

SoftMedx Healthcare (HKG:0648) said its board proposed a share consolidation on the basis of 1 consolidated share for every 20 existing share in issue, according to a Hong Kong bourse filing Friday.Shares of the medical and healthcare business fell over 9% in morning trade Monday.The company plans to call a meeting of shareholders to seek approval for the plan.If approved, the move will reduce the company's share in issue from 2.14 billion existing shares to 107.1 million consolidated shares.The consolidation is planned for completion on May 19 and is intended to make investing in the company's shares more attractive to a broader range of investors.

HKG:0648

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