Property firm Easyknit International (HKG:1218) unit Mark Profit Development acquired a total of 15,004,000 shares in Best Food (HKG:1488) for a total of a little over HK$15 million, a May 16 Hong Kong bourse filing said.
Of the total, 3,004,000 shares were bought from the market on May 12 and May 13, while 12 million shares were acquired by way of cross trade from Gainever on May 16.
The shares represent 0.95% of restaurant chain operator Best Food's enlarged issued share capital.
Following the acquisitions, the company will hold 74,040,000, or 4.69%, shares in Best Food.
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