M&G Plc Acquires Additional 4.837 Million Shares in Pacific Basin at Approx. HK$3.14 Per Share

Stock News

06/02

According to the latest data from the Hong Kong Stock Exchange, M&G Plc purchased an additional 4.837 million shares in Pacific Basin on May 29th. The transaction was executed at a price of HK$3.1387 per share, resulting in a total consideration of approximately HK$15.18 million.

Following this acquisition, M&G Plc's total shareholding in the company has increased to around 620 million shares. This represents a stake of approximately 12% of the issued share capital.

PACIFIC BASIN (HKEX: 02343)

The company is a leading dry bulk shipping operator, providing logistics and transportation services for a wide range of commodities globally. The recent share purchase by a major institutional investor reflects ongoing interest in the shipping and logistics sector.

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HK$3.14 Per Share\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-06-02 19:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>According to the latest data from the Hong Kong Stock Exchange, M&G Plc purchased an additional 4.837 million shares in Pacific Basin on May 29th. The transaction was executed at a price of HK$3.1387 per share, resulting in a total consideration of approximately HK$15.18 million.<br><br>Following this acquisition, M&G Plc's total shareholding in the company has increased to around 620 million shares. 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