TFI Asset Management (Cayman) Boosts Stake in CITIC RESOURCES with Major Share Purchase

Stock News

06/26

Information sourced from the Hong Kong Stock Exchange reveals a significant transaction by TFI Asset Management (Cayman) Ltd.

On June 25th, the firm acquired approximately 786.56 million shares of CITIC RESOURCES (01205), with each share priced at HK$0.65.

The total value of this substantial investment amounts to around HK$511 million.

Following this acquisition, TFI Asset Management's total holding in the company has reached approximately 787 million shares, representing a 10.01% ownership stake.

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