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2003-5-27 10:12:00 a.m. HKT, XFNA
HK's Lam Soon director/associate sell 8.5 mln shares for 22.525 mln hkd
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HONG KONG (AFX-ASIA) - Lam Soon (Hong Kong) Ltd (411.HK) director Whang
Sun-tze and his associate firm Raven Investment Co Ltd have sold 8.5 mln
shares to two independent third parties for 22.525 mln hkd.
The 8.5 mln shares represent 3.5 pct of the total issued share capital of
the company, it said in a statement.
The combined stake of Whang and Raven Investment in Lam Soon has declined
to 63.5 pct after the disposal, from 67.0 pct previously.
susanna.tai@afxasia.com
st/ds/skb
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