Sino Harbour Holdings Group Limited – Chairman Increases Shareholding

Key Highlights

• Chairman and Substantial Shareholder Mr. Wong Lam Ping Acquires More Shares:
  On 10 March 2026, Mr. Wong Lam Ping, Chairman, Chief Executive Officer, Executive Director, and General Manager of Sino Harbour Holdings Group Limited, acquired a significant amount of the Company’s shares in the open market.
• Details of the Acquisition:
  Mr. Wong purchased an aggregate of 4,262,000 ordinary shares at an average price of approximately HK\$0.088 per share (with the highest price paid being HK\$0.088 per share).
• Family Ties in Management:
  Mr. Wong is the husband of Ms. Chan Heung Ling and the father of Mr. Wong Lui, who are both substantial shareholders and, in the case of Mr. Wong Lui, also an executive director.

Details and Implications for Shareholders

Sino Harbour Holdings Group Limited has announced on a voluntary basis that its Chairman and substantial shareholder, Mr. Wong Lam Ping, increased his stake in the Company by acquiring 4,262,000 shares in the open market on 10 March 2026. The average price paid per share was HK\$0.088, which also represented the highest price paid during the transaction.

This move signals strong confidence from the Company’s top management regarding Sino Harbour’s prospects and future performance. Such insider purchases are typically viewed positively by the market as they can indicate management’s belief that the shares are undervalued at current levels.

Investors should note that Mr. Wong’s purchase could be perceived as a price-sensitive event. The direct acquisition of shares by the Chairman, who is also the CEO and a substantial shareholder, demonstrates a significant alignment of interests between management and shareholders. The fact that the purchase was made on the open market at prevailing prices also underscores a tangible commitment to the Company.

Board Structure: As of the announcement date, the Board comprises eight Directors, including four executive Directors (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).

Important Considerations for Shareholders and Investors

• Potential Share Price Impact: The insider buying by the Company’s Chairman could serve as a catalyst for share price appreciation, as it may increase investor confidence in the Company’s valuation and future direction.
• Market Caution: The Board has advised shareholders and investors to exercise caution when dealing in the Company’s securities, a standard disclaimer that underscores the inherent risks involved in equity investment.
• Management Alignment: The acquisition further strengthens the alignment of interests between management and minority shareholders, which is generally viewed positively in the market.

Conclusion

The voluntary disclosure of the Chairman’s significant share purchase is a noteworthy development for Sino Harbour Holdings Group Limited. Investors should pay close attention to this transaction, as it may signal management’s optimism about the Company’s outlook and could potentially move the share price.

Disclaimer: The above article is for informational purposes only and does not constitute investment advice. Investors are strongly advised to conduct their own research and consult with professional advisors before making any investment decisions. The Company and its Directors do not guarantee the completeness or accuracy of the information above, and accept no liability for any losses arising from reliance on this content.

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