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The latest update is out from Easyknit International Holdings Ltd ( (HK:1218) ).
Easyknit International Holdings Ltd, through its indirect wholly-owned subsidiary Mark Profit, has disposed of 990,000 shares of Best Food, a company engaged in the operation of chain restaurants and food and beverage businesses primarily in the Chinese market. This transaction, which represents approximately 0.06% of Best Food’s total issued shares, resulted in gross sales proceeds of about HK$960,300. Following this disposal, Easyknit holds 73,050,000 Best Food shares, equating to roughly 4.63% of the total issued shares. The disposal is classified as a discloseable transaction under the Hong Kong Stock Exchange’s Listing Rules, requiring reporting and announcement due to the applicable percentage ratios exceeding 5% but remaining below 25%.
More about Easyknit International Holdings Ltd
Average Trading Volume: 31,093
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$122.1M
See more data about 1218 stock on TipRanks’ Stock Analysis page.