International Housewares Retail (01373) said its chairman, chief executive officer and controlling shareholder Lau Pak Fai Peter purchased 250,000 ordinary shares today on the market at an average price of HK$1.82 per share.
Following the acquisition, Lau had personal interests in 1.45 million shares and share options to subscribe for 675,000 shares and is deemed to have interests in 324 million shares beneficially owned by Hiluleka Limited, by virtue of his controlling shareholding of 50% in Hiluleka Limited.
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