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WAI KEE HOLDINGS LIMITED
(Incorporated in Bermuda with limited liability)
(Stock code: 610)
INCREASE IN SHAREHOLDING BY CONTROLLING SHAREHOLDER
This announcement is made by Wai Kee Holdings Limited (the "Company") on a voluntary basis.
The board of directors (the "Board") of the Company has been informed by its controlling shareholder, Mr. William Zen Wei Pao (Chairman and Executive Director of the Company) and Mr. Derek Zen Wei Peu (Vice-Chairman, Chief Executive Officer and Executive Director of the Company), that each agreed to purchase from Vast Earn Group Limited (a substantial shareholder of the Company) 45,567,000 shares in the Company at HK$4.64 per share. Upon completion (which is expected to take place later today), the shareholding of Mr. William Zen Wei Pao and Mr. Derek Zen Wei Peu will increase from approximately 25.93% and approximately 25.70% to approximately 31.68% and approximately 31.45%, respectively, and the shareholding of Vast Earn Group Limited will decrease from approximately 22.98% to approximately 11.49%.
By Order of the Board
Wai Kee Holdings Limited
Anriena Chiu Wai Yee
Hong Kong, 7th April, 2021
As at the date of this announcement, the Board comprises three executive directors, namely Mr. William Zen Wei Pao, Mr. Derek Zen Wei Peu and Miss Anriena Chiu Wai Yee, two non-executive directors, namely Mr. Brian Cheng Chi Ming and Mr. Ho Gilbert Chi Hang, and three independent non-executive directors, namely Dr. Steve Wong Che Ming, Mr. Samuel Wan Siu Kau and Mr. Francis Wong Man Chung.
Wai Kee Holdings Ltd. published this content on 07 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2021 00:29:03 UTC.