Summary by Moomoo AI
SAI SANG PHARMACEUTICAL HOLDINGS LIMITED ANNOUNCED ON 17 APRIL 2024 THAT ITS EXECUTIVE OFFICER PAN JUNG-YONG HAD MADE A SECURITIES TRANSACTION DISCLOSURE PURSUANT TO RULE 22 OF THE HONG KONG CODE OF BUSINESS ACQUISITIONS AND MERGERS. On April 5, 2024, Pan Rong was rewarded with 57,500 shares under the Company's Initial Public Offering Restricted Share Unit Scheme and purchased the lot at HK$0.0000 per share on the same day. The number of shares held after the transaction was 103,167 shares, representing 0.0164% of the Company's related class securities. The transaction was made on Pan Rong Yong's own account and acted in accordance with the promisor. THIS DISCLOSURE INDICATES THAT THE SAI PHARMACEUTICALS BUSINESS IS IN THE PROCESS OF PRIVATIZATION.