WK Group (Holdings) Ltd. announced a share transaction involving the placing of 400,000,000 existing shares by its controlling shareholder, WK (BVI) Limited, through a placing agreement with Quam Securities Limited. This represents 20% of the existing issued share capital. Upon completion, the Vendor's shareholding will decrease to 620,000,000 shares, or 31% of the total issued share capital. The price of the shares was not disclosed in the document.
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