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Keywise Capital raises stake in TrravelSky Technology

Published: 21 Sep 2009 21:56:28 PST

Sep. 22, 2009 (China Knowledge) - Keywise Capital Management (HK) Ltd on Sep. 16 raised its shareholding in TravelSky Technology Ltd<0696> to 5.43% from the previous 4.98%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.

HKEx said that Keywise Capital on Wednesday bought 2.8 million shares of TravelSky for HK$16.25 million. The average share price of the transaction was HK$5.8 per share.

On Sep. 1, GMT Capital Corp, a private investment company, bought 1.19 million shares of TravelSky for US$800,000 at US$0.67 per share, raising its shareholding in the Chinese company to 9.05% from the previous 8.86%.

Shares of TravelSky Technology slid 2.69% to stand at HK$5.79 in the morning trading session today.


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Source: China Knowledge
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