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Wanka Online's Chair Boosts Shareholding

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Wanka Online's (HKG:1762) chairman and a substantial shareholder, Gao Dinan, acquired an additional 3 million shares in the firm on Tuesday, according to a same-day Hong Kong bourse filing.

The shares were purchased through Wanka Media, which is wholly owned by Gao, for HK$1.26 apiece.

Gao now holds over 427.5 million, or 21.9%, shares in the mobile advertising company.

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