Shareholders of Gaming Group Holdings (01271) transferred shares from Tachibashi International Securities to Tachibashi Securities with a market value of HK$956 million

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, on December 2, shareholders of Garmin Group Holdings (01271) transferred shares from Tachibashi International Securities to Tachibashi Securities, with a market value of HK$956 million, accounting for 72.38%.

The results of Garmin Group Holdings for the six months ended September 30, 2025 showed revenue of HK$253.5 million, a year-on-year decrease of 62.9%; net loss of HK$26.52 million, and profit of HK$52.6 million for the same period last year. The shift from net profit to net loss was mainly due to: (i) a sharp reduction in residential property deliveries and the expiration of a data center lease; (ii) a decrease in sales expenses due to a decrease in property sales revenue; and (iii) a significant reduction in fair value income from the revaluation of investment properties in development to HK$400,000.