Alef United Holdings Expands Stake in MAGNIFICENT with 7 Million Share Acquisition

Stock News

09/16

Hong Kong Exchange data revealed that on September 14, Alef United Holdings Limited increased its stake in MAGNIFICENT (00201) by acquiring 7 million shares at a price of HK$0.06 each, totaling HK$420,000.

Following this transaction, Alef United Holdings' latest shareholding stands at approximately 627 million shares, representing a 7.01% ownership stake in the company. The transaction also involved a related party, Shobokshi Hussam Ali H.

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