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China Huarong (2799) increases by 8.58% to 27.99% of Chun Sing (2277)

Company announcement, 26-Jul-2016

From matching disclosures of interests, we see that Huarong bought the 106m shares from Anthony Yeung Chun Wai, Chairman of Chun Sing, at $1.31 per share on 20-Jul. 5 days earlier, Mr Yeung purchased 106.08m shares at $0.97, the same day that the founders sold their remaining 332.5m shares at $0.954.

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