Zhang, on Sept 18, sold his 24.77% stake amounting to 23.36 million shares for a consideration of $2.34 million or 10 cents per share. The disposal was conducted via an off-market transaction.
Zhang Tian Bao, a controlling shareholder of Healthbank Holdings (formerly SMJ International) (SGX:40B
) , has sold his entire stake to Peng Weile and Peng Fei.
Peng Weile is the executive director and a controlling shareholder of the company while Peng Fei is the executive director and CEO. Peng Fei will also become a controlling shareholder of the company upon the sale.
