Ming Yuan Cloud's Controlling Shareholder Boosts Stakeholding

MT Newswires Live07-03

Gao Yu, executive director and controlling shareholder of Ming Yuan Cloud Group Holdings (HKG:0909), has increased his shareholding in the company by a total of 1 million, or 0.06%, shares, a Wednesday bourse filing said.

On June 28 and July 2, Gao purchased an additional 500,000, or 0.03%, shares in the company through his controlled entity GHTongRui Investment.

Following the two purchases, Gao, through GHTongRui Investment, holds around 384.8 million, or 20%, shares in the software company.

Shares of the company closed nearly 4% higher on Wednesday.

Price (HKD): $2.07, Change: $+0.07, Percent Change: +3.50%

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