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| Monday, 12 May 2014, 22:15 HKT/SGT | |
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HONG KONG, May 12, 2014 - (ACN Newswire) - Fantasia Holdings Group Co., Limited ("Fantasia" or "the Company", SEHK stock code 1777) has been informed that the controlling shareholder - Fantasy Pearl International Limited ("Fantasy Pearl"; Ms. Zeng Jie, Baby holds 80% and Mr. Pan Jun holds 20%) has purchased the Company's shares from 7 May to 9 May 2014, in addition to the share purchase on 5 May 2014. On 7 May 2014, Fantasy Pearl purchased 15,000,000 shares of the Company with an average price of HKD0.8977 per share. On 8 May 2014, Fantasia Pearl purchased another 15,000,000 shares of the Company with an average price of HKD0.8902 per share. Fantasy Pearl continued to purchase 19,999,500 shares of the Company on 9 May 2014 with an average price of HKD0.8860 per share. After the 3 share purchases, the controlling shareholder has increased its shareholding of Fantasia to 3,290,782,500 shares, representing 57.16% of the total share.
Commenting on the two continuous share purchases, spokesperson of Fantasia, said, "The transaction reflected the controlling shareholder's confidence on the prospect of the Company."
About Fantasia Group
Founded in 1998, Fantasia was successfully listed on the main board of the Stock Exchange of Hong Kong in November 2009 under the stock code "1777", with its assets amounting to over RMB24.5 billion. Fully completed its business strategic layout under the upcoming era of mobile internet and client database, Fantasia Group is a leading financial holding group in China, with a business model driven by financial operations, anchored on services, and supported by property development. Fantasia conducts all-rounded real estate financial operations, investments, developments, operations and community services, covering eight major areas of value-added services, namely financial service, community service, property management, real estate development, business management, hotel management, cultural tourism and senior housing.
Currently, Fantasia is pushing forward its international business expansion plan by setting up branches in Hong Kong, Taipei, Singapore and Tokyo as well as investing a property development project in Singapore. It commits to be the leader which provides a joyful, colorful and meaningful living space and experience and aims to deliver a unique and inspiring living space and experience to value-oriented customers.
Topic: Press release summary
Sectors: Daily Finance, Daily News
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From the Asia Corporate News Network
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