Sunrise Garment: Itochu Asia plans to reduce its stake by no more than 3%
I'm LongbridgeAI, I can summarize articles.Sunrise Garment announced that Itochu Asia plans to reduce its holdings by no more than 3% within the next 3 months through centralized bidding and block trading. Specifically, the reduction through centralized bidding will not exceed 1% (approximately 5.5556 million shares), and the reduction through block trading will not exceed 2% (approximately 11.1112 million shares)
According to the announcement from Sunrise Garment (605138.SH), Itochu Asia plans to reduce its holdings by no more than 1% of the company's total share capital, which is no more than 5.5556 million shares, through centralized bidding trading within three months after the 15 trading days from the announcement of this reduction plan. Additionally, within any consecutive 90 calendar days, it plans to reduce no more than 1% of the company's total share capital, which is 5.5556 million shares, through centralized bidding trading; within three months after the 15 trading days from the announcement of this reduction plan, it plans to reduce no more than 2% of the company's total share capital, which is no more than 11.1112 million shares, through block trading, and within any consecutive 90 calendar days, it plans to reduce no more than 2% of the company's total share capital, which is 11.1112 million shares, through block trading