PHUA LEE MING: The controlling shareholder and some executives plan to reduce their shareholdings
PHUA LEE MING announced that its controlling shareholder COLIBRI TECHNOLOGIES PTE LTD plans to reduce its holdings by no more than 4.2 million shares, accounting for no more than 1.0283% of the company's total share capital. Shareholder Shenzhen Huamiao Investment Co., Ltd. plans to reduce its holdings by no more than 4.2 million shares, accounting for no more than 1.0283% of the company's total share capital. Shareholder Qingdao Eagle Investment Co., Ltd. plans to reduce its holdings by no more than 4 million shares, accounting for no more than 0.9794% of the company's total share capital. Senior management Ms. Li Dandan plans to reduce her holdings by no more than 165,500 shares, accounting for no more than 0.0405% of the company's total share capital. Senior management Mr. Rao Lele plans to reduce his holdings by no more than 80,000 shares, accounting for no more than 0.0196% of the company's total share capital