A noteworthy shift in shareholding structure occurred on September 11, as ALCO HOLDINGS (00328) recorded a substantial transfer of shares with a total market value reaching HK$10.6491 million, representing 7.08% of the company's issued shares, according to the latest filings from the Hong Kong Stock Exchange.

These transactions involved the company's major shareholder transferring 9.5 million shares into Sunspace Securities, while simultaneously moving 6.5294 million shares out of Citibank. This repositioning of holdings marks a notable change in the distribution of the company's shares among its key stakeholders.

In related developments, ALCO HOLDINGS previously released its financial results for the fiscal year ending March 31, 2026. The company reported revenue from continuing operations of HK$123 million, reflecting a year-on-year increase of 23.35%. Despite the growth in top-line figures, the company recorded a net loss of HK$86.893 million, which widened by 35.2% compared to the previous year. The loss per share stood at HK$3.48 during the reporting period.