HKG:1536

3 stories mentioning HKG:1536Updated just now

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Yuk Wing Group's Controlling Shareholder Sells 38.5% Stake; Shares Surge 109%

Yuk Wing Group (HKG:1536) said controlling shareholder Colour Shine Investments sold around 175.8 million shares, or about 38.5% stake in the company, between Sept. 8 and Sept. 15.Colour Shine's stake in the rock drilling tools manufacturer fell to 12.4 million shares, or 2.7%, from roughly 41.3 %, according to a Tuesday Hong Kong bourse filing.Hellobaby International bought 132.2 million shares from Colour Shine at about HK$0.454 each on the same day, taking a 29% stake in Yuk Wing Group and becoming a substantial shareholder.Yuk Wing Group's shares surged over 109% in recent trade.

HKG:1536

Asia8d ago

Yuk Wing Group CEO Steps Down

Yuk Wing Group (HKG:1536) Chief Executive Officer Woo Lan Ying resigned effective Monday to pursue other business commitments, according to a same-day Hong Kong bourse filing by the rock drilling tools manufacturer.

HKG:1536

Asia85d ago

Yuk Wing Group Expects Narrower Full-Year Loss

Yuk Wing Group (HKG:1536) expects a net loss of up to HK$6 million for the year ended March 31, narrower than HK$12.2 million a year earlier, according to a Hong Kong bourse filing.The rock drilling tools manufacturer attributed the forecast to a reversal in expected credit loss provisions on trade receivables.

HKG:1536

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