Convenience Retail Asia's Controlling Shareholder Offloads Entire Stake
Convenience Retail Asia's (HKG:0831) controlling shareholder, Fung Retailing, sold its entire holding of nearly 311.8 million shares in the company to Lotus Peak Investments for HK$140.3 million.The shares represent roughly 39.86% of the convenience store operator's total issued share capital, a Tuesday bourse filing showed.