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China Brands

Shareholder to cash 2pct stakes of King's Luck (603369.SH)

November 22, 2018


Abstract : Jiangsu King's Luck Brewery Joint-Stock announced that its second largest shareholder will cash a maximum of 25.09 million A-shares or 2 percent of the total share capital of the company via secondary market sale from December 14 to June 12, 2019.

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BEIJING, Nov. 22 (Xinhua) -- Jiangsu King's Luck Brewery Joint-Stock Co., Ltd. (603369.SH) announced that its second largest shareholder, Mingda Group (Shanghai) Co., Ltd. will cash a maximum of 25.09 million A-shares or 2 percent of the total share capital of the company via secondary market sale from December 14 to June 12, 2019. 

Earlier from May 2 to September 19 of this year, the second largest shareholder of the company cashed 13.005 million A-shares or 1.04 percent of the total share capital of the company via secondary market sale. (Edited by Ma Xin, maxin11@xinhua.org)

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Keyword: Luck

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