Multifield International Subsidiary Offloads 440,000 China Merchants Bank Shares
Stock News
Sep 28
Multifield International (ASX: 00898) has announced that on September 28, 2026, Ernesto, an indirectly held non-wholly owned subsidiary of the company, carried out its third disposal, selling a total of 440,000 China Merchants Bank shares on the open market at an average price of approximately HK$51.10 per share, for a total consideration of approximately HK$22.5 million (excluding transaction costs), to be received in cash upon settlement.
The disposal forms part of the company's ongoing share sale arrangements involving CM BANK (03968).
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