Kwung’s Holdings Limited (HK:1925) has released an update.
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Kwung’s Aroma Holdings Limited, through its subsidiary Ningbo Kwung’s, has redeemed partial interests in two private equity investment funds, totaling approximately RMB51 million. These redemptions mark a discloseable transaction under Hong Kong’s Listing Rules, as the combined percentage exceeds 5% but remains below 25%. The company anticipates receiving the redemption proceeds shortly, reflecting strategic financial management within its home decoration sector business.
For further insights into HK:1925 stock, check out TipRanks’ Stock Analysis page.
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