Bank of Communications Trustee Buys 9 Million Shares of Chinasoft International

Stock News
Jun 02

The Hong Kong Stock Exchange's latest disclosure reveals a significant share purchase.

On May 29, Bank of Communications Trustee Limited acquired an additional 9 million shares of CHINASOFT INT'L (HKEX: 00354).

The transaction was executed at an average price of approximately HK$3.73 per share.

The total consideration for this block of shares amounted to roughly HK$33.58 million.

Following this purchase, the trustee's total shareholding has increased to about 248 million shares.

This revised holding now represents a 9.07% stake in the company.

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