On April 16, Hallgain Management Limited purchased an additional 2.03 million shares of Kingboard Holdings (00148) at HK$39.7126 per share, according to the latest data from the Hong Kong Stock Exchange. The total transaction value amounted to approximately HK$80.62 million. Following this acquisition, Hallgain Management's total shareholding in the company now stands at around 490 million shares, representing a 44.23% stake.