Chairman of PARADISE ENT Raises Stake with Three-Day Share Purchase Totaling HK$1.81 Million

Stock News
Sep 10

Hong Kong Exchange filings reveal that PARADISE ENT (01180) Chairman Chen Jie has increased his shareholding over three consecutive trading sessions on September 7, 8, and 9, purchasing a combined total of 1.968 million shares.

The transactions were executed at increasing prices, with 228,000 shares acquired at HK$0.8736 per share on September 7, followed by 424,000 shares at HK$0.9155 per share on September 8, and the largest tranche of 1.316 million shares at HK$0.9299 per share on September 9. These three purchases amounted to an aggregate investment of approximately HK$1.811 million.

Following this series of acquisitions, Chen Jie's total beneficial holding now stands at roughly 753 million shares, representing a 71.6% ownership stake in the company.

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