Royal Court International: Controlling shareholder's concerted action person increases stake in B shares, equity changes triggering 1%

date
03/02/2026
The announcement from Palace International states that its controlling shareholder, Palace Production and Control, and its concerted action person, Palace International Group, increased their holdings of B shares by 3,824,140 shares through centralized bidding trading from January 16 to February 2, 2026, accounting for 0.3234% of the total share capital. After this equity change, the number of shares held by Palace Production and Control and its concerted action person increased from 304,609,155 shares to 308,433,295 shares, and the proportion of total share capital increased from 25.76% to 26.08%, with the equity change reaching a multiple of 1%. The source of funds for this increase in holdings was from their own funds.