Easyknit International Scales Down Best Food Stake

Easyknit International Holdings Ltd (HK:1218) has released an update.

Easyknit International Holdings Ltd, through its subsidiary Mark Profit, has sold 17.6 million shares of Best Food, reducing its stake from 4.85% to 3.74%. The sale was conducted on the open market for HK$14.96 million at an average price of HK$0.85 per share. This transaction is classified as a discloseable transaction under the Listing Rules due to its size, triggering mandatory reporting and announcement obligations.

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