Beauty Farm Medical & Health Industry Inc. Announces 21.77% Share Disposal by Substantial Shareholder CPE, Welcomes New International Investors

Reuters
25 Jun
Beauty Farm Medical & Health Industry Inc. Announces 21.77% Share Disposal by Substantial Shareholder CPE, Welcomes New International Investors

Beauty Farm Medical & Health Industry Inc. announced that CITIC Private Equity Funds Management Co., Ltd. $(CPE)$, a substantial shareholder, has disposed of approximately 51,328,990 shares, representing around 21.77% of the company's issued shares. The shares were acquired by various new investors including foreign long-term healthcare sector funds, technological innovation strategic investment funds, and international hedge funds. The transaction marks CPE's exit as a substantial shareholder. The price of the shares was not disclosed in the announcement.

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