Bright Future Technology's (HKG:1351) trustee purchased 14,098,000 shares on Tuesday under a share award scheme, according to a same-day filing with the Hong Kong stock exchange.
The share purchase price is about HK$6.5 million with an average price of HK$0.461 apiece, the filing said.
Following the purchase, the trustee now holds 39,760,809 shares.
Shares closed 13% lower during Wednesday's trading.
Price (HKD): $0.28, Change: $-0.040, Percent Change: -12.50%