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Numans Health Food Holdings Company Limited ( (HK:2530) ) just unveiled an update.
Numans Health Food Holdings said it has sold 6,000,000 shares of Lenovo Group on the open market for about HK$89.7 million, at an average price of roughly HK$14.95 per share. Following the transaction, its stake in Lenovo falls to 4,000,000 shares, and the deal qualifies as a discloseable transaction under Hong Kong listing rules.
The company described the move as an opportunity to realise gains on its Lenovo investment and strengthen liquidity, with proceeds earmarked for general working capital. Executed at prevailing market prices with independent counterparties, the disposal is presented as fair, on normal commercial terms and in the interests of both the company and its shareholders.
More about Numans Health Food Holdings Company Limited
Numans Health Food Holdings Company Limited is an investment holding company whose core business is the marketing, sales and distribution of finished nutritional products in mainland China. It sells supplements under its proprietary “紐曼思” and “紐曼斯” (Nemans) brands, covering algal oil DHA, probiotics, vitamins, multi‑nutrients and algal calcium products targeted at the health and wellness market.
Average Trading Volume: 313,641
Technical Sentiment Signal: Buy
Current Market Cap: HK$550M
For a thorough assessment of 2530 stock, go to TipRanks’ Stock Analysis page.