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An update from Asia Energy Logistics Group Limited ( (HK:0351) ) is now available.
Asia Energy Logistics Group Limited announced the further disposal of 14,384,000 shares of Hao Tian on the open market, amounting to approximately HK$3,289,000. This transaction, conducted by its wholly-owned subsidiary Teamford, is classified as a discloseable transaction under Hong Kong’s Listing Rules, as it exceeds 5% but is less than 25% of the applicable percentage ratios. Following this disposal, the company no longer holds any shares in Hao Tian, which is involved in construction machinery, financial services, and property development.
More about Asia Energy Logistics Group Limited
Asia Energy Logistics Group Limited, incorporated in Hong Kong, primarily engages in investment holding with a focus on shipping and logistics, telecommunications, and e-commerce trading businesses in China.
Average Trading Volume: 427,507
Technical Sentiment Signal: Sell
Current Market Cap: HK$299.2M
For detailed information about 0351 stock, go to TipRanks’ Stock Analysis page.