Newborn Town Inc. (HK:9911) has released an update.
Newborn Town Inc. has announced that Three D Partners Limited purchased an additional 4,836,000 shares in the market, bringing their total holdings under the RSU Award Scheme to 46,836,069 shares. This move, representing approximately 0.41% of the company’s outstanding shares, reflects the company’s confidence in its business prospects and aims to create shareholder value. The Board believes that current financial resources will support these purchases while maintaining a strong financial position.
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