24th Jun 2014 16:42
LONDON (Alliance News) - Quixant PLC Tuesday said Chen-Tai Lin, manufacturing director of the company, and his wife transferred 3.4 million shares previously held in his own name to Best Acumen Ltd, a company he owns with his wife.
In addition, Lin also transferred 1.2 million shares previously held in the name of his wife to Best Acumen.
Following the transfers, Lin's holds 4.6 million shares, which represents a 7.1% stake in the company
Quixant shares were untraded Tuesday.
By Anthony Tshibangu; [email protected];
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