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Eminence Enterprise Limited ( (HK:0616) ) has issued an announcement.
Eminence Enterprise Limited, through its subsidiary Gainever, has announced the disposal of a significant portion of its holdings in Best Food, a company engaged in chain restaurant operations primarily in the Chinese market. The disposals, which involved selling 17 million shares for approximately HK$17,010,000, have reduced Eminence’s stake in Best Food from 2.10% to 1.02%. This transaction is classified as a discloseable transaction under Hong Kong’s Listing Rules, indicating a strategic move by Eminence to adjust its investment portfolio.
More about Eminence Enterprise Limited
Average Trading Volume: 2,374,570
Technical Sentiment Signal: Sell
Current Market Cap: HK$103.5M
See more insights into 0616 stock on TipRanks’ Stock Analysis page.
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