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The latest announcement is out from Anton Oilfield Services Group ( (HK:3337) ).
Anton Oilfield Services Group has received approval from the Stock Exchange to proceed with the spin-off and separate listing of its inspection business on the A-share market. This approval is a significant milestone in the company’s strategy to securitize its assets and aligns with its long-term goals, although the spin-off remains subject to market conditions and regulatory approvals.
More about Anton Oilfield Services Group
Anton Oilfield Services Group operates in the oilfield services industry, providing a range of services and products primarily focused on oilfield operations and maintenance. The company is known for its expertise in inspection services and aims to enhance its market position through strategic asset securitization.
YTD Price Performance: 86.64%
Average Trading Volume: 12,474,680
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.23B
Find detailed analytics on 3337 stock on TipRanks’ Stock Analysis page.