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Vitasoy int'l received a shareholding of 5.676 million ordinary shares from Kuang Ming Investments Pte. Limited, valued at approximately 55.9937 million Hong Kong dollars.
On November 15, according to the documents disclosed by the Hong Kong Stock Exchange on November 15, Kuang Ming Investments Pte. Limited increased its shareholding in vitasoy int'l (00345.HK) to an average price of HK$9.865 per share on November 12, acquiring 5.676 million ordinary shares, with a total value of approximately HK$55.9937 million. After the shareholding increase, Kuang Ming Investments Pte. Limited's latest shareholding is 68.64 million shares, and the holding ratio has increased from 5.87% to 6.4%.
VITASOY INT'L (00345.HK) plans to hold a board of directors meeting on November 26 to approve mid-term performance.
Gelonghui November 14 | VITASOY INT'L (00345.HK) announced that the board of directors will hold a meeting on November 26, 2024 (Tuesday) to approve the interim results for the six months ending September 30, 2024, and to consider the distribution of an interim dividend (if any).
VITASOY INT'L: DATE OF BOARD MEETING
Vitasoy Int'l (00345.HK) received shareholding of 2 million ordinary shares by Kim Choo Tan and related parties, worth approximately 20.0772 million Hong Kong dollars.
Reported on November 13th, according to documents disclosed by the Hong Kong Stock Exchange on November 13th, Kim Choo Tan increased their shareholding in Vitasoy Int'l (00345.HK) by an average of HK$10.0386 per share on November 8, purchasing 2 million ordinary shares, worth approximately HK$20.0772 million. Following the shareholding increase, Kim Choo Tan's latest number of shares held is 0.118 billion shares, with the ownership percentage rising from 10.85% to 11.04%. This trade involves other related parties: Chee Tat Philip Ng. Image Source: Stock Exchange Equity Disclosure
Stock Alert | Vitasoy Int'l surged nearly 6% in the afternoon, more than 1.3 times higher since the end of September.
On the news front, information disclosed by the Hong Kong Stock Exchange shows that on October 7th, the younger brother of Sino Land's Chairman Huang Shixiang, Huang Zhida, first declared that through the Yeo Hiap Seng and his family office, he held a total of over 5% of the shares of Vitasoy. By October 24th, his shareholding had increased to 10.06%, reaching the threshold for convening a shareholders' meeting. In addition, Huang Shixiang and the Far East institutions under him also hold 5% of Vitasoy's shares. This means that the Huang family collectively holds over 15% of the shares.
Singaporean tycoons are bottom-fishing Vitasoy.
Three years have passed, recently the stock price of Vitagen has rebounded along with the Hong Kong stock market, and a wave of rebound has also occurred, while it did not follow the adjustment of the Hong Kong stock market, instead continuing to rise sharply. Its performance seems to be different from the past three years, coming from a low point and has nearly doubled.
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