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Kangda Food's Controlling Shareholder Reduces Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2502050325","media":"MT Newswires","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2502050325?lang=en_us&edition=fundamental","pubTime":"2025-01-09 13:55","pubTimestamp":1736402120,"startTime":"0","endTime":"0","summary":"China Kangda Food's  controlling shareholder, Zenith Hope, privately placed 77 million shares of the company for an aggregate of about HK$10.8 million to seven placees, according to a Thursday filing with the Hong Kong bourse.Following the completion of this transaction, Zenith Hope's ownership in China Kangda Food will decrease to 54.69% from 71.69%, with the company retaining 247,708,066 shares.The vendor will still be the controlling stakeholder, and the transaction will unlikely have any material impact on the company's affairs. 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