Schroders PLC Raises Stake in Sanhua Smart Controls with 3.11 Million Share Purchase

Stock News
Sep 21

Data from the Hong Kong Stock Exchange reveals that on September 17, Schroders PLC increased its holdings in Zhejiang Sanhua Intelligent Controls Co.,Ltd. (ASX: SANHUA) by 3.11 million shares, with each share priced at HKD 24.2394, bringing the total transaction value to approximately HKD 75.47 million.

Following this acquisition, the latest share count held by Schroders PLC stands at roughly 81.20 million shares, corresponding to a 17.04% ownership stake in the company.

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