According to the latest data from the Hong Kong Stock Exchange, on January 30, Moerus Capital Management LLC sold 1.2 million shares of MIDLAND HOLDING (01200) at a price of HK$3.0037 per share, resulting in a total transaction value of approximately HK$3.6044 million. Following this disposal, the fund's latest shareholding was reduced to approximately 34.7646 million shares, representing a stake of 4.84%.