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Weigao Group's Controlling Shareholder Buys Shares

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Shandong Weigao Group Medical Polymer (HKG:1066) said its controlling shareholder, Weigao Holding, had purchased nearly 15 million H shares of the company from the open market since May 13, according to a Friday filing with the Hong Kong bourse.

The medical device company's shares fell over 1% in morning trade Monday.

The shares were purchased for around HK$50.9 million and represent 0.33% of the company's issued share capital.

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