Silchester International Investors LLP Boosts Stake in Yue Yuen Industrial with 1.15 Million Share Purchase

Stock News
Aug 17

Hong Kong Stock Exchange disclosures reveal that on August 13, Silchester International Investors LLP increased its holdings in Yue Yuen Industrial (00551) by 1.15 million shares, at a transaction price of HKD 13.7156 per share, amounting to roughly HKD 15.77 million in total. Following this acquisition, the investment firm's latest share count stands at approximately 129 million shares, lifting its stake to 8.02%.

Supplementary details indicate that Silchester International Investors LLP operates as the investment manager for several commingled funds, referred to as its clients. Notably, none of these clients individually holds more than 5% of the issued shares. In its role, Silchester exercises full discretionary authority over client investments and is authorized to vote on their behalf.

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