Pan Cheung, Wing Nam Florence Fung and Sui Lun Franco acquired 20.3% stake collectively in Dongfang Modern Agriculture Holding Group Limited (ASX:DFM) from Hongwei Cai for AUD 72 million on December 15, 2016. Hongwei Cai sold total 80 million shares comprising of 36.5 million (9.3% stake), 39 million (9.9% stake) and 4.5 million (1.1% stake) shares to Pan Cheung, Wing Nam Florence Fung and Sui Lun Franco respectively, at AUD 0.90 per share. Pan Cheung, Wing Nam Florence Fung and Sui Lun Franco completed the acquisition of 20.3% stake collectively in Dongfang Modern Agriculture Holding Group Limited (ASX:DFM) from Hongwei Cai on December 15, 2016.