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| Demonstrates Full Confidence in the Group's Prospects |
HONG KONG, Dec 3, 2015 - (ACN Newswire) - Sky Light Holdings Limited ("Sky Light" or the "Group") (stock code: 3882), a leading digital imaging device and solutions provider for the action camera industry and an important player in the home imaging industry, has announced that Mr. Tang Wing Fong Terry ("Mr. Tang"), Chairman, Chief Executive Officer and Executive Director of the Group has purchased a total of 1,997,000 ordinary shares of the Group ("Shares") for an aggregate amount of approximately HK$5.0 million, further increasing his shareholding to approximately 53.09% of the Group's entire issued share capital.
On 12 November 2015, Mr. Tang has purchased 497,000 ordinary shares of the Group on the market at an average price of HK$2.229 per share. On 24, 25 and 27 November 2015, Mr. Tang has further purchased a total of 1,500,000 ordinary shares at an average price of HK$2.594, underscoring his strong confidence in the prospects of the Group's future development. Following the purchase, Mr. Tang holds 424,928,600 Shares in the Group, increasing his shareholding to approximately 53.09% of the issued share capital.
Mr. Tang Wing Fong Terry, Chairman of Sky Light, said, "By further increasing my shareholding in the Company, I would like to reassure the market of my full confidence in Sky Light's future prospects. Looking ahead, leveraging our strong relationships with several world-leading brands in the technology industry, we will continue to strengthen our R&D capacity and strive to maintain and enhance our leading position in the home imaging and action camera industry sectors. With our core technology and capital foundation, I am optimistic about the Group's prospects and will consider further increasing my shareholdings."
Contact:
Strategic Financial Relations Limited
Heidi So Tel: +852 2864 4826 Email: heidi.so@sprg.com.hk
Samantha Yeung Tel: +852 2114 4916 Email: samantha.yeung@sprg.com.hk
Stephanie Liu Tel: +853 2864 4852 Email: stephanie.liu@sprg.com.hk
Topic: Press release summary
Source: Sky Light Holdings Limited
Sectors: Daily Finance, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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