Kingboard Group Raises Stake In Kingboard Laminates To 62%

Equity disclosure showed Kingboard Group increased its holding in Kingboard Laminates by 600,000 shares on September 7 at an average price of HK$46.82 each, lifting its stake from 61.98% to 62%, according to Ming Pao. Major shareholder Hallgain Management Limited also raised its holding from 61.99% to 62.01%.