Lever Style (HKG:1346) said Fung Trinity sold its entire holding of 44,008,000 ordinary shares in the company to LFX Growth Capital for nearly HK$55.5 million, a Wednesday Hong Kong bourse filing said.
The shares represent around 6.88% of the garment trader's total issued share capital.
LFX Growth Capital's parent, LFX, grows, scales, and invests in firms that are pioneers in global value chains.