Mindray Medical: Controlling shareholder pledges 6.4 million shares.
Mindray Medical announced that its controlling shareholder, Magnifice Limited, has recently pledged 6.4 million shares, accounting for 2.16% of its total holdings and 0.53% of the company's total share capital. The shares were pledged to OCBC Bank and CIMB Bank for purposes of other and debt repayment. As of the disclosure date, the shareholder and its concerted parties have pledged a total of 67.6 million shares, representing 10.82% of its total holdings and 5.58% of the company's total share capital. Currently, there are no risks of freezing, auctioning, setting up trusts, or liquidation for the pledged shares.
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