Tuesday, September 6, 2011

HK investment firm cuts stake in China Ouhua

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.

No comments:

Post a Comment