CASH Financial Services Group (00510) said the Group disposed an aggregate of 115,000 shares in Tencent (00700) on the open market at a total of about HK$46.29 million (excluding stamp duty and related expenses) yesterday.
The disposed shares represent around 0.0012% of the total issued shares of Tencent. After the disposals, the Group remains to hold 90,000 Tencent shares.
The disposals would realise an immediate gain of about HK$607,000. The Group intends to use the proceeds of the disposals for general working capital.
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