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SG Beverage Company Yeo's Adds ~17.6M Shrs of VITASOY INT'L with $100M+
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Singapore beverage company Yeo's disclosed that the company, through its subsidiary YHS Investment, has cumulatively purchased 17.598 million shares of VITASOY INT'L (00345.HK) this month at an average price of $5.8849 per share, equivalent to 1.64% of VITASOY INT'L's issued shares, for a total price of $103.6 million. The company currently holds 2.04% of VITASOY INT'L's shares. The company said that the purchase of the shares aligns with the strategy of investing in leading Asian companies, especially the company's exposure to the packaged beverage market in mainland China and Hong Kong. The company will also consider further investments from time to time. AAStocks Financial News |
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