Major Shareholder Boosts Stake in Everest Med with Purchase of 690,000 Shares

Stock News
Jun 04

An announcement from EVEREST MED (01952) discloses that the company's board has been informed by Mr. Fu Wei, a non-executive director, honorary chairman, and a principal shareholder, of a recent share acquisition. On June 3, 2026, C-Bridge Capital, acting as a major shareholder, purchased 690,000 ordinary shares of the company on the open market.

The total consideration for this transaction was approximately HK$20 million, resulting in an average price of about HK$28.93 per share. According to statements from Mr. Fu Wei and C-Bridge Capital, this on-market acquisition was executed based on their firm confidence in the company's future prospects and long-term development.

Subject to compliance with all applicable laws and regulations, Mr. Fu Wei and C-Bridge Capital have indicated they do not rule out the possibility of further increasing their shareholding in the company at an appropriate time in the future.

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