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KFM Kingdom Unaware of Reason for Unusual Share Price, Trading Volume Movements

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KFM Kingdom (HKG:3816) said it is unaware of any reasons for unusual movements in the price and trading volume of its shares on Friday, according to a same-day Hong Kong bourse filing.

The company has been notified by KIG Real Estate, upon enquiry, that it is exploring various forms of cooperation with several parties, including potential transactions involving securities of the company.

The details of such cooperation are yet to be determined, the precision metal stamping company said.

KIG Real Estate currently holds 450 million, or 75%, shares in the company.

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