02098

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ZALL SMARTCOM: Seller D has completed the sale of 66.6776 million shares of unlifted consideration shares

Zhitong

Dec 30, 2024 at 08:33 AM

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ZALL SMARTCOM announced that Seller D reached an agreement with an independent third-party buyer on December 20, 2024, to sell 66,677,600 unencumbered shares at a price of HKD 0.25 per share. The transaction was completed on December 30, 2024, and the proceeds were returned to the buyer as compensation for their losses

According to the announcement from ZALL SMARTCOM (02098), Seller D, after considering the prevailing market conditions (including the company's share price and trading volume) at the time, sold a total of 66,677,600 unredeemed consideration shares to the aforementioned independent third-party buyer at a price of HKD 0.25 per share, based on the agreement signed on December 20, 2024. The transaction was completed on December 30, 2024. The proceeds from the sale have been returned to the buyer as compensation for the buyer's incurred losses

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