Information from the Hong Kong Stock Exchange reveals a significant change in shareholdings for KELFRED (01134) on June 23.

The total value of the transferred positions amounted to HK$10.71 million, accounting for 5.95% of the company's shares.

A shareholder moved 25 million shares into One Win Securities and transferred 22.7 million shares out of Kadoli Securities.

This activity follows the company's recent announcement of its 2025 financial results, which showed revenue of approximately HK$500 million, marking a year-on-year increase of 10.29%.

The loss attributable to owners of the company was HK$15.119 million, narrowing by 30.11% compared to the previous year, with a loss per share of 3.02 HK cents.