China Business News: Cheng Yu-tung cuts stake in Grand T G Gold to 18.95%

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Cheng Yu-tung cuts stake in Grand T G Gold to 18.95%

Sep. 29, 2009 (China Knowledge) - Cheng Yu-tung and his company, Chow Tai Fook Nominee Ltd, recently cuts their shareholding in Grand T G Gold Holdings Ltd<8299> to 18.95% from the previous 19.15%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that they sold 5.64 million shares of T G Gold for HK$795,240 on Sep. 22. The average s

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