5% of KAFELAKU COFFEE shares transferred, totaling HK$7.114 million, moved from Asiatrend Capital Management.

Stock News
Jul 28

According to the latest data from the Hong Kong Stock Exchange, on July 27, a position change was observed in KAFELAKU COFFEE (01869), with a total transfer value of HK$7.114 million, representing 5% of the company's shares.

During this transfer, the company's shareholders moved 34.73 million shares into Metaverse (International) Securities, while 83.87 million shares were transferred out from Asiatrend Capital Management.

On July 24, KAFELAKU COFFEE issued an announcement. The board of directors was informed by Mr. Cui Zhiqiang, Chairman of the Board, Executive Director, and a substantial shareholder, that as of the announcement date, Mr. Cui Zhiqiang and his spouse had sold a total of 409.9 million shares of the company (approximately 24.2% of the company's issued share capital).

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