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NewsHK investment firm cuts stake in China Ouhua
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HK investment firm cuts stake in China Ouhua
by hlk Tue 06 Sep 2011, 20:26
KUALA LUMPUR: Hong Kong Yin Kang Investment Co. Ltd has ceased to be substantial shareholder of China Ouhua Winery Holdings Ltd after it disposed of 18.75 million shares on Sept 2.
A filing with Bursa Malaysia showed that after it disposed of the shares, which represented a 2.8% stake, its shareholding was reduced to 32.75 million shares or 4.91%.
China Ouhua said the shares were disposed of in the open market. It closed at 28 sen on Sept 2.
A filing with Bursa Malaysia showed that after it disposed of the shares, which represented a 2.8% stake, its shareholding was reduced to 32.75 million shares or 4.91%.
China Ouhua said the shares were disposed of in the open market. It closed at 28 sen on Sept 2.
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