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The latest announcement is out from 7Road Holdings Limited ( (HK:0797) ).
7Road Holdings Limited announced a supplemental disclosure regarding the disposal of its partnership interests, revealing that the company holds a 1.97% equity interest in an investee company through its subsidiaries. The transaction involves a consideration of RMB394 million, reflecting the value of shares held by its subsidiaries, Hangzhou Haoli and Shanghai Chengying. This disposal is part of the company’s strategic financial maneuvers, potentially impacting its investment portfolio and shareholder value.
More about 7Road Holdings Limited
7Road Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the technology sector, with a focus on investments and partnerships in various companies.
Average Trading Volume: 620,725
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.87B
See more insights into 0797 stock on TipRanks’ Stock Analysis page.