B.DUCK SEMK (02250) obtains pledge of 1 billion shares of the company's stock by the controlling shareholder.

date
22:19 08/06/2026
avatar
GMT Eight
Duck Wing (02250) announced that the company has been notified by Sunko Products (Group) Limited (a company fully owned by Mr. Xu Xialin, an executive director, chairman of the board, CEO and one of the controlling shareholders of the company) that on June 8, 2026, Sunko Products will pledge 100 million shares of the company's stock, with a face value of $0.000025 per share, to Aurex Nordic Capital Limited (lender) as collateral for a loan granted to Sunko Products. This pledge is made in accordance with the main pledge agreement entered into between Sunko Products and the lender.
B.DUCK SEMK (02250) announced that the company has been notified by Senko Products (Group) Limited (a company wholly owned by Mr. Hsu Hsia-lin, an executive director, chairman of the board, CEO, and one of the controlling shareholders of the Company) that on June 8, 2026, Senko Products will pledge 100 million shares of the company's share capital, each with a par value of $0.000025 per share, to Aurex Nordic Capital Limited (the lender) as collateral for a loan granted to Senko Products. This pledge is made in accordance with the main pledge agreement entered into between Senko Products and the lender. As of the date of this announcement, Mr. Hsu, through his direct shareholding and his wholly owned companies, collectively holds 674 million shares, representing approximately 66.84% of the company's issued share capital. These companies include: Senko Products, which directly holds 100 million shares (approximately 9.92% of the company's issued share capital); and Senko Global Investments Limited, a company wholly owned and directly held by Senko Products, which holds 553.2 million shares (approximately 54.86% of the company's issued share capital). The 100 million shares directly held by Senko Products have been pledged as collateral in accordance with the main pledge agreement.