The participation was worth us$ 9.80 million
Stanley Ho sells remaining stake in SJM
2011-09-28
Reading time 22 seg
(Hong Kong).- Stanley Ho no longer has any direct stake in SJM Holdings. Mr Ho sold his remaining 0.09 percent participation in the company last Wednesday, on an off-exchange transition, Dow Jones Newswires reported, quoting a disclosure on the Hong Kong stock exchange.
The participation was worth us$ 9.80 million. At the same time, according to another disclosure, Angela Leong On Kei acquired a 0.09 % stake in SJM Holdings also in an off-exchange transaction.
That raised her participation in SJM Holdings to 8.29 %. Mr Ho dubs Ms Leong his fourth wife.
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