Convenience Retail Asia (00831) receives sale of 312 million shares by controlling shareholder Fung Retail

date
22/09/2026
Zhito Finance APP News, Convenience Retail Asia (00831) announced that the Board has been notified by the Company's controlling shareholder, Fung Retail Group Limited (Fung Retail), that on September 22, 2026, Fung Retail sold to Lotus Peak Investments Limited (Lotus Peak) all of its 312 million ordinary shares of the Company with a par value of HK$0.10 per share (Shares), representing approximately 39.86% of the total number of issued shares of the Company as at the date of this announcement, for a total consideration of HK$140 million (equivalent to HK$0.45 per Share).