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Norman Chan Slashes Stake in SYNAGISTICS to 4.38% for HKD51.3M+ Cash
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Norman Chan, former chief executive of the Hong Kong Monetary Authority, reduced his stake in SYNAGISTICS (02562.HK) by 5.8025 million shares last Friday (October 31) on the market at an average price of HKD8.8463 per share, cashing out around HKD51.33 million, according to the Hong Kong Stock Exchange's shareholding disclosure information.

Chan's holdings in SYNAGISTICS have now decreased from 5.64% to 4.38%, meaning that his future reductions will no longer require any disclosure.

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