Asia
Luyuan Group Controlling Shareholders Grant Share Sale Option to Chinese Officials
Luyuan Group Holding (Cayman) (HKG:2451) said its controlling shareholders Apex Marine Investments and Drago Investments each granted an option to sell 20 million shares of the company at HK$9 apiece, according to a Monday filing with the Hong Kong bourse.The options were granted to two Chinese officials identified as So Ching Tung and Sze Ching Lau, while the shares to be sold represent 4.88% of the company's issued share capital.The share purchase option will last for three years.
HKG:2451
