Jiajiayue Holding Group Limited (JJY) and Weihai Holding Limited (Weihai) have provided a substantial product holder notice.
In aggregate JJY and Weihai have a relevant interest in 18.611% of Cooks Coffee Company Limited's quoted ordinary shares.
The kiwi was trading below 60 US cents late Monday in Wellington.
The company’s share price rose 55% after the announcement.
The S&P/NZX 50 Index closed at 12,309.91, down 15.7 points or 0.13%.
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