China Healthwise (HKG:0348) unit Future Empire disposed of nearly 3.4 million shares in Huanxi Media Group (HKG:1003) for around HK$853,000 or HK$0.255 apiece, according to a Tuesday Hong Kong bourse filing
The health products retailer carried out the disposal through multiple transactions on the Hong Kong bourse on Tuesday.
The firm intends to use proceeds as general working capital.
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