As we have reported regularly, Quarto Group’s controlling owner CK Lau continues to steadily buy up more shares in the publishing company, with a steady stream of purchases throughout April. With the latest filing, Lau’s company 1010 Printing Limited now owns over 50 percent of publisher’s stock, with nearly 20.5 million shares. (Lau owns a small block of stock in his own name as well.) Lau started adding to his stake in earnest last August, after sales rebounded and the company reported a modest profit. As of his mid-August investment, 1010 Printing owned 37 percent of the publisher’s stock and […]
