Hallgain Management Boosts Stake in Kingboard Holdings with 1 Million Share Purchase

Deep News09-10 08:00

Hong Kong Exchange disclosures reveal that on September 4, Hallgain Management Limited increased its position in Kingboard Holdings Ltd (00148) by acquiring 1 million shares at an average price of HKD 50.246 per share. The transaction totaled approximately HKD 50.246 million.

Following this acquisition, Hallgain Management's latest holding stands at around 356 million shares, representing a 31.74% stake in the company. This move underscores a continued commitment to the firm's growth prospects.

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.

Comments

We need your insight to fill this gap
Leave a comment