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Cheng Yu-tung Family Trusts Increase Stake in CTFE's Parent Co. to 90.52%
Recommend 4 Positive 11 Negative 3 |
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Two trusts of Cheng Yu-tung family voluntarily disclosed changes in the shareholding of Chow Tai Fook(Holding)Ltd(CTFH), the holding company of NEW WORLD DEV (00017.HK)'s parent company Chow Tai Fook Enterprises (CTFE). Originally, in November 2023, the two trusts held an 81.03% stake in CTFH through Chow Tai Fook Capital. The stake was increased to 90.52% on 5 December 2025, representing an increase of 9.49 ppts in total. When CHOW TAI FOOK (01929.HK) disclosed its shareholding on 5 December2025, it showed changes in the internal control structure of CTFH within the family trust, consistent with this disclosure. AASTOCKS Financial News Website: www.aastocks.com |
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