Formosa Opportunity Limited Raises Stake in OMNIVISION with Latest Share Purchase
Stock News
Sep 08
According to the latest disclosures from the Hong Kong Stock Exchange, Formosa Opportunity Limited has increased its shareholding in OMNIVISION (00501) on September 7. The transaction involved the acquisition of 35,400 shares at an average price of HKD 73.2501 per share, totaling approximately HKD 2.5931 million.
Following this purchase, the fund's total holdings have risen to approximately 8.6276 million shares, representing a 17.00% stake in the company. This move underscores Formosa Opportunity Limited's continued confidence in OMNIVISION's growth prospects within the semiconductor sector.
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