Kwung's Partially Redeems Investment in Private Equity Fund

MT Newswires Live12-11

Kwung's Holdings (HKG:1925) said it partially redeemed its interests in the Jihai Zhize Panshi Private Equity Investment Fund, according to a Hong Kong bourse filing Thursday.

The firm redeemed 30 million yuan from the fund. Kwung's said it made a gain of 1.4 million yuan from the redemption.

Kwung's made a 90 million yuan investment in the fund in January.

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