Financial Wire

Shenguan's Substantial Shareholder Boosts Shareholding

-- Shenguan (HKG:0829) said Shenguan Biology Science & Technology Investment acquired nearly 8.5 million shares in the company from the market between April 9 and April 14, according to a Wednesday Hong Kong bourse filing.

The shares represent roughly 0.26% of the sausage casing maker's issued share capital

Shenguan Biology Science & Technology Investment is owned by Zhou Yaxian, the company's chairperson and substantial shareholder.

Following the purchases, Zhou now holds a total of 1.64 billion, or 50.76%, shares in the firm's issued share capital.

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Shenguan's Substantial Shareholder Boosts Shareholding | Financial Wire