Milan Station (01150.HK): Total Disposal of 24.09 Million BFB Health Shares for Gross Proceeds of Approximately HK$11.24 Million
NewTimeSpace News: On 10 August 2026, Milan Station (01150.HK) announced that the Company disposed of 14 million and 10.09 million BFB Health shares on 20 April 2026 and 10 August 2026 respectively, aggregating approximately 24.09 million shares, for total gross proceeds of about HK$11.24 million. Upon completion of the disposals, the Company no longer holds any shares in BFB Health.
Milan Station stated that the disposals aim to realise investment returns in a timely manner, mitigate risks from share price volatility and optimise asset allocation. The proceeds will be used for procuring high‑end luxury inventories and general working capital purposes.
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