STAR CM Finalises Restructuring: Takes Full Control of SH Xingkongshui’an, Exits Shanghai Binqiao

Bulletin Express

Aug 13

STAR CM Holdings Limited announced the completion of its previously disclosed Restructuring Agreement on 12 August 2026, following shareholder approval granted at the extraordinary general meeting.

Key transaction outcomes:

1. Acquisition: SH Xingkongshui’an has become an indirect wholly owned subsidiary of STAR CM, consolidating the entity fully into the Group’s corporate structure.

2. Disposal: Shanghai Binqiao is no longer classified as an associate and has been removed from the Group’s investment portfolio.

All conditions precedent set out in the Restructuring Agreement have been met, enabling the immediate implementation of both the very substantial acquisition and very substantial disposal.

The Board of STAR CM is led by Chairman, Executive Director and Chief Executive Officer Mr Tian Ming, alongside five other executive directors and three independent non-executive directors.

The announcement was released in Hong Kong on 13 August 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1153190356"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1153190356\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1153190356?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-13 17:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1153190356","market":"hk","top_or_hot":-1,"title":"STAR CM Finalises Restructuring: Takes Full Control of SH Xingkongshui’an, Exits Shanghai Binqiao","media":"Bulletin Express","content":"<p>STAR CM Holdings Limited announced the completion of its previously disclosed Restructuring Agreement on 12 August 2026, following shareholder approval granted at the extraordinary general meeting.</p>\n<p>Key transaction outcomes:</p>\n<p>1. Acquisition: SH Xingkongshui’an has become an indirect wholly owned subsidiary of STAR CM, consolidating the entity fully into the Group’s corporate structure.</p>\n<p>2. Disposal: Shanghai Binqiao is no longer classified as an associate and has been removed from the Group’s investment portfolio.</p>\n<p>All conditions precedent set out in the Restructuring Agreement have been met, enabling the immediate implementation of both the very substantial acquisition and very substantial disposal.</p>\n<p>The Board of STAR CM is led by Chairman, Executive Director and Chief Executive Officer Mr Tian Ming, alongside five other executive directors and three independent non-executive directors.</p>\n<p>The announcement was released in Hong Kong on 13 August 2026.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>STAR CM Finalises Restructuring: Takes Full Control of SH Xingkongshui’an, Exits Shanghai Binqiao</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSTAR CM Finalises Restructuring: Takes Full Control of SH Xingkongshui’an, Exits Shanghai Binqiao\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-08-13 17:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>STAR CM Holdings Limited announced the completion of its previously disclosed Restructuring Agreement on 12 August 2026, following shareholder approval granted at the extraordinary general meeting.</p>\n<p>Key transaction outcomes:</p>\n<p>1. Acquisition: SH Xingkongshui’an has become an indirect wholly owned subsidiary of STAR CM, consolidating the entity fully into the Group’s corporate structure.</p>\n<p>2. Disposal: Shanghai Binqiao is no longer classified as an associate and has been removed from the Group’s investment portfolio.</p>\n<p>All conditions precedent set out in the Restructuring Agreement have been met, enabling the immediate implementation of both the very substantial acquisition and very substantial disposal.</p>\n<p>The Board of STAR CM is led by Chairman, Executive Director and Chief Executive Officer Mr Tian Ming, alongside five other executive directors and three independent non-executive directors.</p>\n<p>The announcement was released in Hong Kong on 13 August 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06698","symbol_name":"星空华文","start_time":0,"source_url":"","article_id":"1153190356","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1153190356","pubTimestamp":1786612158,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"STAR CM Holdings Limited announced the completion of its previously disclosed Restructuring Agreement on 12 August 2026, following shareholder approval granted at the extraordinary general meeting....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06698":"星空华文"},"translate_title":"STAR CM完成重组：全面控股SH星空水岸，退出上海滨桥","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06698":1},"content_text":"STAR CM Holdings Limited announced the completion of its previously disclosed Restructuring Agreement on 12 August 2026, following shareholder approval granted at the extraordinary general meeting.\nKey transaction outcomes:\n1. Acquisition: SH Xingkongshui’an has become an indirect wholly owned subsidiary of STAR CM, consolidating the entity fully into the Group’s corporate structure.\n2. Disposal: Shanghai Binqiao is no longer classified as an associate and has been removed from the Group’s investment portfolio.\nAll conditions precedent set out in the Restructuring Agreement have been met, enabling the immediate implementation of both the very substantial acquisition and very substantial disposal.\nThe Board of STAR CM is led by Chairman, Executive Director and Chief Executive Officer Mr Tian Ming, alongside five other executive directors and three independent non-executive directors.\nThe announcement was released in Hong Kong on 13 August 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}