Asia Pacific Holdings: Controlling shareholder Asia Pacific Machinery and Electronics intends to reduce its holdings by 1%.
Announcement by Asia Pacific Holdings: The controlling shareholder, Asia Pacific Electromechanical Group Co., Ltd., holds 276 million shares, accounting for 37.41%. They plan to reduce their holdings by no more than 7.391 million shares, or 1.00%, through centralized bidding within 90 days after the disclosure date, and within 15 trading days. The shares were acquired before the initial public offering.
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