Veson Holdings: Controlling Shareholder Fang Jin Lifts Stake to 53.85% After Buying 34.69 Million Shares

Bulletin Express
Apr 28

Veson Holdings Limited announced that ultimate controlling shareholder Fang Jin, acting through his wholly owned Right Grand Holdings Limited, acquired a total of 34.69 million ordinary shares on 24 April 2026 via a mix of on-market and off-market transactions.

Prior to the purchase, Fang Jin indirectly held 552.34 million shares, representing 50.67 % of Veson Holdings’ issued share capital. The latest acquisition increases his holding by 3.18 percentage points to 587.02 million shares, or 53.85 % of the company’s issued share capital as of the announcement date.

The transaction underscores the controlling shareholder’s stated “continued confidence” in the company, according to the filing dated 28 April 2026 and signed by Chairman Ni Chen Hui.

The board currently comprises Executive Directors Ni Chen Hui and Lian Xiu Qin; Non-Executive Director Feng Ming Zhu; and Independent Non-Executive Directors Heng Ja Wei Victor, Lam Yau Yiu and Cheung Wai Kwok Gary.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10