June 1 -- Tibet State-owned Assets Operation, a shareholder of brewer Tibet Galaxy Science and Technology Development (000752), cut its stake in the latter by 5.10 million shares in the period between March 22 and May 30, reports stcn.com, citing a company filing.

The shares sold accounted for a stake of 1.93 percent in Tibet Galaxy Science and Technology Development.

Following the stake sale, Tibet State-owned Assets Operation holds a 12.25 percent stake in Tibet Galaxy Science and Technology Development.