Director sells9 Feb 2015 10:58
Significant Shareholder Dealings
Asian Citrus was notified on 2 February 2015 that Huge Market Investments Limited ("Huge Market"), a wholly owned subsidiary of Chaoda Modern Agriculture (Holdings) Limited ("Chaoda"), sold 7,300,000ordinary shares of HK$0.01 each in the Company ("Ordinary Shares") on 28 January 2015 at an average price of HK$0.837(equivalent to approximately 7.125 pence) per share; and 10,100,000 Ordinary Shares on 2 February 2015 at an average price of HK$0.754 (equivalent to approximately 6.465 pence) per share.
Following the above transactions, Huge Market now holds 54,426,722 Ordinary Shares representing 4.36% of the Company's issued share capital. Chaoda is deemed to be interested in 54,426,722 Ordinary Shares held by Huge Market by virtue of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).