According to the latest information from the Hong Kong Stock Exchange, Hallgain Management Limited sold 4 million shares of KINGBOARD HLDG (SEHK: 00148) on June 30th. The transaction was executed at an average price of approximately HK$119.461 per share, resulting in a total consideration of around HK$478 million.

Following this disposal, Hallgain Management Limited's shareholding in the company has been reduced to approximately 385 million shares. This represents a stake of 34.30% in the company.