Company News: Page (1) of 1 - 07/04/17

Chairman of Sky Light Increases 3.4 Million Shares

July 04, 2017 -- !-- AddToAny BEGIN -->

Demonstrates Full Confidence in the Group's Prospects

HONG KONG, Jul 4, 2017 - (ACN Newswire) - Sky Light Holdings Limited ('Sky Light' or the 'Group') (stock code: 3882), a leading digital imaging device and solutions provider for the home imaging industry and a pioneer in the virtual reality ('VR') industry, has announced that Mr. Tang Wing Fong Terry ('Mr. Tang'), Chairman, Chief Executive Officer and Executive Director of the Group has purchased a total of approximately 3,400,000 ordinary shares of the Group ('Shares') for an aggregate amount of approximately HK$5.6 million, further increasing his shareholding to approximately 52.35% of the Group's entire issued share capital.

On 28 June, 2017, Mr. Tang purchased a total of 500,000 ordinary shares of the Group at the average price of HK$1.657 per share;
On 29 June, 2017, Mr. Tang purchased another 1,906,502 Shares at the average price of HK$1.638 per share;
On 30 June 2017, Mr. Tang again purchased a total of 1,000,000 Shares at the average price of HK$1.683 per share;

The above purchases underscore his strong confidence in the prospects of the Group's future development. Subsequently, Mr. Tang has increased his shareholding to approximately 52.35% of the Group's entire issued share capital.

Mr. Tang Wing Fong Terry, Chairman of Sky Light, said, 'Continuously increasing my shareholdings in Sky Light demonstrates my strong confidence in the Group's future development. We will continue to seize market opportunities and strengthen our leading position in the industry to bring greater returns for shareholders.'

About Sky Light Holdings Limited
Sky Light Holdings Limited ('Sky Light' or 'the Group'; stock code: 3882.HK) is a leading digital imaging device and solutions provider globally. It is principally engaged in developing and manufacturing home imaging products, VR cameras and other digital imaging products such as police cameras, car camcorders and digital camcorders for various uses. With more than 10 years of experience in developing a diverse range of digital imaging products, the Group is dedicated to offering design-driven JDM and ODM solutions to its customers and is striving to become a brand-driven, one-stop, vertically integrated smart imaging devices and solutions provider.

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