On Jan 25, executive chairman and CEO Cai Kaoqun increased his direct interest from 1.64 per cent to 1.95 per cent.

 

The 1.28 million shares were acquired at an average price of S$0.013 per share.

 

This increased his total interest in the Catalist-listed stock to 31.99 per cent and followed his acquisition of 2.68 million shares at the same price between Jan 18 and 23.

 

Cai is responsible for the overall strategic and business management of the group.

On Jul 4, China Kunda Technology Holdings : GU5 0% executive chairman and CEO Cai Kaoqun acquired 4.05 million shares at S$0.012 per share. With a consideration of S$48,600 this took his deemed interest from 30.04 per cent to 31.03 per cent.

 

Cai is responsible for the overall strategic and business management of the group and has over 20 years of experience in the plastic and mould industry. On May 29, China Kunda Technology Holdings reported its FY23 (ended Mar 31) group revenue decreased slightly by 0.3 per cent to HK$28.8 million from HK$28.9 million for FY22. This was mainly attributed to the decline in sales of its In-Mould Decoration (&ldquo IMD&rdquo ) and plastic injection parts (collectively, the &ldquo IMD Products&rdquo ) to customers in the electrical appliances, consumer electronics and medical devices industries, which was offset by the maiden sales of IMD Products to new customers in the network communication and external energy storage industries during FY23. The group&rsquo s revenue is largely contributed by the electronics manufacturers in the PRC who supply their products to the domestic and international markets