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Kingboard Laminates controlling shareholder places 155 million shares at HK$ 76 each

PUBT·06/16/2026 23:50:05
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Kingboard Laminates controlling shareholder places 155 million shares at HK$ 76 each
  • KB’s controlling shareholder Kingboard Investments agreed a block trade to sell 155,000,000 shares at HK$ 76 each.
  • Settlement is expected on 22 June 2026; Citigroup Global Markets, Merrill Lynch (Asia Pacific) to act as joint placing agents.
  • Kingboard Holdings’ stake is set to fall to about 61.70% from about 66.62%, based on completion of the placing.
  • Seller to observe a 60-day lock-up on further disposals following completion.
  • Transaction framed as a move to lift trading liquidity, expand public float, broaden the shareholder base.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KB - Kingboard Laminates Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260617-12205796), on June 16, 2026, and is solely responsible for the information contained therein.

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