Hong Kong Stock Exchange disclosures reveal that on August 28, the chairman and managing director Lam Kwok Hing acquired an additional 70,000 shares in ASIA TELE-NET (00679). The transaction was executed at a price of HKD 5.5364 per share, bringing the total investment to approximately HKD 387,500.
Following this latest acquisition, the chairman's total shareholding has increased to roughly 242 million shares, with his ownership stake in the company now standing at 63.77%.