RIVERINE CHINA (01417) rises 126% after trading resumption X
19/05/2026 11:06
(Infocast News)    RIVERINE CHINA (01417) announced that Partner Summit Holdings Limited (Potential Vendor), which is ultimately owned as to 87% by Xiao Xingtao, 10% by Fu Qichang and 3% by Chen Yao, had entered into a memorandum of understanding on 11 May with an independent third party as purchaser (Potential Purchaser) regarding the possible sale of an aggregate of 300,030,000 shares of the Company held by the Potential Vendor (representing 74.08% of the entire issued share capital of the Company).

The stock rose 126% after trading resumption. (WL)

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