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SFC: KNK Holdings' (08039) shares highly concentrated
 The Securities and Futures Commission (SFC) has recently completed an enquiry into the shareholding of KNK Holdings (08039) .
The market watchdog's findings suggested that as at 15 December 2017, 17 shareholders held an aggregate of 107.104 million shares of KNK Holdings, representing 25.62% of the company's issued shares. Such shareholding, together with the 303.624 million shares (representing 72.64% of the issued shares) held by three substantial shareholders of the company, represented 98.26% of the issued shares as at 15 December 2017. Therefore, only 7.272 million shares (representing 1.74% of the issued shares) were held by other shareholders.
In view of the high concentration of shareholding in a small number of shareholders, the price of the shares of the company could fluctuate substantially even with a small number of shares traded.

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