New Silkroad Culturaltainment Announces Change in Largest Shareholder
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New Silkroad Culturaltainment Ltd. announced a change in its largest shareholder, with Macro-Link International Land Limited selling 28.50% of its shares to China Agricultural Produce Company Limited for approximately HK$149 million. This transaction makes China Agricultural the largest shareholder, while Winnovation Culturaltainment’s stake decreases to 26.29%. The company expects no adverse impact on operations. The latest analyst rating for (HK:0472) is a Hold with a price target of HK$0.50.
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