has announced that Dr Kennedy Wong, Chairman of the Company, has increased his stake in HKRH to more than 36% last week.
From 20 to 22 July 2010, Dr Wong purchased a total of approximately 1.5 million shares from the market at the price range between HK$1.27 and HK$1.29 per share. After the transactions, Dr. Wong’s stake (excluding preference shares and share options) in the Company increased to 36.03% as at 25 July 2010.
Dr Wong said, “After the acquisition of the retail business of gold and jewellery products under the trade name of 3D-GOLD in July 2009, we have been committed in growing our retail business and are happy to see the achievements reflected in our annual results just announced a week ago. I am confident in our prospects ahead, and intend to continue to give strong support to HKRH and work closely with the management team and staff to bring our business to new heights!”
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