Wykeham Capital Limited (Wykeham) increased their stake in HK-listed Tongda Hong Tai Holdings Ltd. (Tongda). According to a filing submitted to the Hong Kong Stock Exchange on June 19th, 2018, Wykeham bought 55,000 shares on the exchange at an average price of HKD 1.6527 per share on June 13th. Following the purchase, Wykeham’s stake in the company increased from 5.98% to 6.01% of the company’s shares outstanding.

Tongda is a one-stop manufacturing solution provider of casings of notebooks, tablets and other accessories. Its customers are mainly OEMs for leading domestic and international brand owners. The company was founded in 2010. It was spun-off from Tongda Group Holdings Limited in early 2018 (see here for more).

Wykeham manages a value-oriented, long-biased investment fund. The firm was established in 2010 by Howel Thomas, who was previously with CLSA.