Kiu Hung International Chairman, Co-Chairman Boost Stakeholding

MT Newswires Live10-17

Kiu Hung International's (HKG:0381) chairman Yang Ling and co-chairman Li Lizhong increased their stakeholding in the firm on Monday, a Thursday bourse filing said.

Yang bought 10 million, or 1.3%, shares in the toy manufacturer for HK$0.78 per share, while Li acquired 42 million, or 5.3%, shares for the same price.

Following the acquisitions, Li holds a total of 56 million shares in the firm, representing around 7.1% of its issued share capital.

Shares of the company closed 25% higher on Thursday.

Price (HKD): $1.85, Change: $+0.37, Percent Change: +25.00%

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