Asia
Sepax Technologies Shareholder Plans to Trim Company Stake
Suzhou Sepax Technologies (SHA:688758) said a shareholder plans to reduce its holdings by 2.50% for funding arrangement reasons, according to a Shanghai bourse filing on Thursday.Anhui Tonghua High-Tech Center (Limited Partnership) will offload 10,411,601 shares through centralized bidding and block trades between July 23 and Oct. 22. It currently holds 7.46% of the company's total share capital, or 31,050,000 shares.The liquid chromatography materials producer's shares dropped 5% at the close.
SHA:688758
