TechFlow reported, according to Hong Kong's Ming Pao, that BC Technology, the parent company of virtual asset platform OSL, has recently received an investment of nearly HK$249 million from new investor Leung Hinson, who now holds a 6.5% stake and becomes the third-largest shareholder.
Currently, BC Technology’s equity structure is led by East Harvest, managed by OSL senior executives and stock market figure Ko Tsang-shun, holding 42.77%, while another shareholder, Pandanus Associates, holds 10%. With Leung's entry, he has become the third-largest shareholder, surpassing Fidelity Funds.
It is understood that Leung Hinson had previously taken a significant position in Midland Holdings, at one point holding over 14% of its shares.
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