Wanguo Gold Group's (HKG:3939) founder, chairman, and substantial shareholder, Gao Mingqing, acquired over 1 million additional shares in the firm on Tuesday through his company Victor Soar Investments, a Thursday Hong Kong bourse filing said.
The shares were acquired from the open market for HK$29.3408 apiece, according to the gold miner.
Following the purchase, Victor Soar Investments holds over 282.9 million, or 25.57%, shares in Wanguo Gold Group.