Hong Kong tycoon builds near 4pc stake in Telit Communications - Part 2
Monday, 10 August 2020, 10:21 pm
Dbay has quietly increased its stake in Telit Communications, the internet of things provider that has courted its fair amount of controversy and takeover speculation.
According to recent filings, Dbay - run by ex Laxey Partners value investor Colin Kingsnorth - now owns around 11.57pc of Telit, making it one of the largest shareholders alongside the mysterious Chinese group Run Liang. Below is a link to the relevant RNS:..