Sino Harbour Holdings Group Chairman Significantly Increases Shareholding

Sino Harbour Holdings Group Limited (Stock Code: 1663) has announced a substantial increase in shareholding by its Chairman and substantial shareholder, Mr. Wong Lam Ping. This voluntary disclosure may have a direct impact on investor confidence and the company’s share price.

Key Points from the Announcement

• Significant Share Acquisition: Mr. Wong Lam Ping, the Chairman, Chief Executive Officer, Executive Director, and General Manager of Sino Harbour Holdings, has acquired a total of 9,100,000 ordinary shares of the Company in the open market.
• Acquisition Price: The shares were purchased at an average price of approximately HK\$0.089 per share, with the highest price also at HK\$0.089 per share.
• Transaction Date: The share acquisition was carried out on 25 February 2026.
• Insider Support: Mr. Wong is not only the Chairman but also a substantial shareholder. He is part of the founding family, being the husband of Ms. Chan Heung Ling and father to Mr. Wong Lui, another substantial shareholder and executive director.
• Potential Price Sensitivity: The purchase signals strong insider confidence in the company’s prospects, which may be interpreted positively by the market and could influence share price movement.
• Board Composition: The Board currently consists of eight directors—four executive directors (including Mr. Wong Lam Ping, Mr. Shi Feng, Mr. Wong Lui, and Ms. Gao Lan), one non-executive director (Mr. Chan Kin Sang), and three independent non-executive directors (Mr. Xie Gang, Mr. He Dingding, and Mr. Wong Ping Kuen).

What Shareholders and Investors Should Note

• Strengthening Control: The increase in shareholding by a key insider may be viewed as a move to further consolidate control and demonstrate commitment to the company’s long-term growth.
• Market Signal: Insider buying, especially by the chairman and a substantial shareholder, is often regarded as a positive indicator, suggesting management’s confidence in the company’s future prospects and valuation.
• Caution Advised: Despite the positive signal, the company reminds shareholders and investors to exercise caution when dealing in the securities of the Company.
• Potential for Price Movement: As this is an open market transaction by a substantial insider, it may directly affect the share price in the near term due to increased investor attention and possible buying interest.

Conclusion

The voluntary purchase of a substantial number of shares by Mr. Wong Lam Ping is a noteworthy development for Sino Harbour Holdings Group Limited. Investors should closely monitor subsequent market reactions and any further disclosures by the company regarding insider transactions or strategic developments.

Disclaimer: The above article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Investors should carefully review all available information and consult professional advisors before making investment decisions. The company has explicitly advised shareholders and investors to exercise caution when dealing in the securities of Sino Harbour Holdings Group Limited.

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