DPC Dash Limited (HK:1405) has released an update.
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DPC Dash Ltd, a key player in the Hong Kong stock market, has seen a significant share sale by its substantial shareholder, Domino’s Pizza LLC, which has reduced its stake from 13.87% to 6.21%. This move involves an off-market transaction of 10 million shares, aimed at enhancing liquidity and diversifying the company’s shareholder base. Despite this reduction in ownership, the partnership between DPC Dash and Domino’s remains strong, with no anticipated negative impact on business operations.
For further insights into HK:1405 stock, check out TipRanks’ Stock Analysis page.