KFM Kingdom (03816): Unusual Price and Volume Fluctuations, Unaware of Any Reasons for the Share Price Increase and Trading Volume Volatility

Stock News
Jan 29

KFM Kingdom (03816) has issued an announcement stating that the company's board of directors has noted unusual fluctuations in the price and trading volume of the company's shares on January 29, 2026. After making reasonable enquiries concerning the company, and aside from the disclosures below, the board confirms that, as of the date of this announcement, it is not aware of any reasons for the share price increase and trading volume volatility, or any information that must be announced to avoid a false market in the company's securities, or any inside information that is required to be disclosed under the provisions of Part XIVA of the Securities and Futures Ordinance (Chapter 571 of Hong Kong Law). Following appropriate enquiries by the board, the company was informed by its controlling shareholder, KIG Real Estate Holdings Limited (KIG Real Estate), that it has been approached by several individuals to explore possibilities for different forms of cooperation, which include, among other things, potential transactions involving the company's securities. As of the date of this announcement, the details of the cooperation methods have not been finalized. As of the date of this announcement, KIG Real Estate holds 450 million shares, representing approximately 75.0% of the company's total issued share capital.

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