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Easyknit Raises $2 Million From Sale of Hang Seng Bank Shares

MT Newswires ·  10/03 14:44

02:42 AM EDT, 10/03/2022 (MT Newswires) -- Easyknit International Holdings (HKG:1218) sold 127,000 Hang Seng Bank (HKG:0011) shares to raise HK$16.9 million ($2.2 million), according to a filing on Friday.

The shares represent 0.0066% of Hang Seng's total issued shares and were disposed at HK$117.80 to HK$148.60 apiece between March 23 and Sept. 29. Average price of the shares was HK$133.30, the company said.

Proceeds from the transactions will be used for the property company's general working capital.

Price (HKD): $3.49, Change: $-0.10, Percent Change: -2.79%

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