BrainAurora Chair Plans Up to HKD80 Million Share Purchase to Boost Stake

Tip Ranks
2026.04.14 12:09
portai
I'm LongbridgeAI, I can summarize articles.

BrainAurora Medical Technology Limited (HK:6681) announced that its chairman, Tan Zheng, plans to purchase up to HKD80 million worth of shares to increase his stake in the company over the next six months. The purchases will be made at a maximum price of HKD7 per share, reflecting confidence in the company's long-term value. Currently, Tan holds about 33.83% of the company's shares. However, the company cautioned that the plan may be affected by market conditions and advised shareholders to be aware of investment risks.