Hallgain Management Expands Stake in KB Laminates with Fresh Share Purchase

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Recent filings with the Hong Kong Stock Exchange reveal that on September 16, Hallgain Management Limited increased its holdings in KB Laminates (01888) by acquiring 300,000 shares.

The transaction was executed at a per-share price of HKD 47.70, amounting to a total investment of approximately HKD 14.31 million. Following this purchase, Hallgain Management's accumulated stake now stands at around 1.958 billion shares, representing a 62.13% ownership interest in the company.

This latest move also notes the involvement of a related party, Kingboard Holdings Limited, in the transaction details.

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