Pak Tak International's (HKG:2668) substantial shareholder, Tengyue Holding, sold 980 million shares in the firm to various buyers through off-market trades, according to a Wednesday Hong Kong bourse filing.
The shares represent roughly 17.41% of the non-ferrous metals and construction materials trader's issued share capital.
Following the disposal, Tengyue no longer holds shares in Pak Tak International.
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