GC Construction: United Link Co., Ltd. Acquires Shares, Long Position Rises to 19%

HK Disclosure
Aug 26

United Link Co., Ltd. acquired 190.00 million shares of GC Construction (01489) on August 25, 2026, through a share purchase agreement between Jumbo Flags Capital Limited (vendor) and Global Line Network Sdn. Bhd. (purchaser, 97.71% owned by United Link), at an average price of HKD 0.41 per share, involving about HKD 77.90 million.

Prior to the acquisition, United Link Co., Ltd.'s long position in GC Construction was 0 shares, representing 0.00%; following the acquisition, the holding changed to 190.00 million shares, with the long position ratio rising to 19.00%.

Source: Hong Kong Exchanges and Clearing Limited.

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