Guangdong Investments' (HKG:0270) ultimate controlling shareholder, Guangdong Holdings, has increased its shareholdings in the company through the acquisition of additional shares in the open market.
Accordingly, Guangdong Holdings now holds 58.26% stake in Guangdong Investments.
Shares of the infrastructure firm closed nearly 2% lower on Friday.
Price (HKD): $4.38, Change: $-0.08, Percent Change: -1.79%
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