KWUNGS AROMA redeems part of the fund equity, estimated earnings of 1.502 million RMB
KWUNGS AROMA (01925.HK) announced that its wholly-owned subsidiary Ningbo KWUNGS yesterday (17th) notified the fund manager regarding its holdings in the "Jihai Zhize Panshi Private Securities Investment Fund," requesting the redemption of part of its equity. The amount expected from the redemption is RMB 30 million, with estimated returns from the relevant investments of approximately RMB 1.502 million, including distributed amounts already received of about RMB 1.091 million.
As of this Tuesday (16th), the fair value of the group's equity in the fund is approximately RMB 60.823 million
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