Advanced Holdings’ Wong Kar King sells 16.78% stake in the company to Asia Agri
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Dr. Wong Kar King has sold a 16.78% stake in Advanced Holdings Limited, amounting to 17 million shares, to Asia Agri Renewable Fund, effective August 26, 2025. Following this transaction, Wong's ownership in the company decreased from 25.08% to 8.3%, resulting in him no longer being a controlling shareholder. However, he will continue to serve as the managing director of the company.
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