Vitasoy (345 HK): Trading Rich As Ng & Yeo Hiap Seng Up Their Exposure

Nov 27, 2024

∙ Paid

Yesterday, beverage maker Vitasoy Intl Holdings (345 HK) announced a 1H25E (Mar Y/E) net profit of HK$171mn, a 4.8% gain yoy. An interim dividend of HK$0.04/share (HK$0.014/share in 1H24), was declared.
What was absent from the announcement/briefing was any comment on Philip Ng Chee-tat's and Yeo Hiap Seng (YHS SP)'s recent buying in Vitasoy.
Ng, the younger brother of Sino Land (83 HK)'s chairman Robert Ng Chee-siong, indirectly holds 12.26%, up from 5.22% on the 7th October. The share price is up 104% since.

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