Chairman of Sky Light Increases Shares Ownership

Nov 09, 2016 19:20 JST

Source: Sky Light Holdings Limited

HONG KONG, Nov 09, 2016 - (ACN Newswire) - Sky Light Holdings Limited ("Sky Light" or the "Group") (stock code: 3882), a leading digital imaging device and solutions provider has announced that Mr. Tang Wing Fong Terry ("Mr. Tang"), Chairman, Chief Executive Officer and Executive Director of the Group has purchased a total of 3,000,000 ordinary shares of the Group ("Shares") at the price of HK$2.11 per share on 3 November, 2016, and further purchased another 3,000,000 Shares on the market at an average price of HK$1.647 per share on 7 November, 2016, underscoring his strong confidence in the prospects of the Group's future development. Subsequently, Mr. Tang has increased his shareholding to approximately 51.49% of the Group's entire issued share capital.

Mr. Tang Wing Fong Terry, Chairman of Sky Light, said, "Raising my shareholdings in the Company demonstrates my confidence in Sky Light's future development. Our recent strategic move in completing the acquisition of iON Group with a nationwide presence in the US shows our determination in strengthening our business through a diversified product portfolio and broadening revenue streams. Looking ahead, we will focus on developing our own branded businesses and continue to seize business opportunities that can provide synergies to the Group's future development."

About Sky Light Holdings Limited

Sky Light Holdings Limited ("Sky Light" or "the Group"; stock code: 3882.HK) is a leading digital imaging device and solutions provider globally. It is principally engaged in developing and manufacturing home imaging products, virtual reality products, action cameras and other digital imaging products such as police cameras, car camcorders and digital camcorders for various uses. With more than 10 years of experience in developing a diverse range of digital imaging products, the Group is dedicated to offering design-driven JDM and ODM solutions to its customers and is striving to become a brand-driven, one-stop, vertically integrated smart imaging devices and solutions provider.

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Source: Sky Light Holdings Limited
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