Hong Kong stock exchange filings reveal that on September 18, Capital Group, a US-based investment management firm, reduced its holdings in Conch Cement (00914) by 12,833,520 shares. The transaction was executed at an average price of HK$15.7872 per share, totaling approximately HK$203 million.
Following the disposal, the firm's remaining shareholding in the company stands at roughly 119 million shares, representing a 9.23% stake in the cement producer.
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