Storage Hua Feng Reduces Stake in Easy Smart Group Holdings by 102 Million Shares at HK$72.2 Each
Deep News
Yesterday
According to the latest data from the Hong Kong Stock Exchange, on August 18, Chu Wah Fung reduced his holdings in EASY SMART GP (02442) by 102 million shares, with each share priced at HK$72.2, bringing the total transaction value to approximately HK$7.3644 billion. Following this reduction, his latest share count stands at roughly 161 million shares, with the new stake ratio at 39.57%.
This move marks a significant adjustment in his position, reflecting a notable shift in ownership structure for the company. The transaction, executed at a per-share price of HK$72.2, underscores a substantial divestment by the shareholder, who now retains a reduced yet still considerable holding in the firm.
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.