Rise Triumph Limited Expands Stake in TK New Energy with 53.3 Million Share Purchase
Stock News
2 hours ago
Hong Kong Stock Exchange filings reveal that on August 20, Rise Triumph Limited acquired an additional 53.3 million shares of TK NEW ENERGY (08326) at a price of HK$0.12 per share, totaling approximately HK$6.396 million.
Following this transaction, the company's latest shareholding stands at around 793 million shares, representing 64.60% of the total issued shares. The transaction also involved related party Jiannong Wu.
The acquisition underscores a continued strategic consolidation by the buyer in the renewable energy sector, aligning with broader market trends of increasing institutional interest in clean energy assets.
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.