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Blue River Holdings Limited ( (HK:0498) ) has provided an update.
Blue River Holdings Limited announced the disposal of 199,962,000 shares in a listed company, representing approximately 1.06% of the total issued share capital, for HK$7.0 million. This transaction is considered a discloseable transaction under Hong Kong’s Listing Rules, as it exceeds 5% but is less than 25% of the applicable percentage ratios. The disposal reduces Blue River’s holdings in the Listco from 1.2% to 0.13%, and the purchasers are independent third parties. The Listco is involved in securities brokerage, futures trading, financial investments, and money lending.
More about Blue River Holdings Limited
Blue River Holdings Limited is an investment holding company incorporated in Bermuda with limited liability. The company is primarily engaged in gas distribution and logistics in the PRC, property investment, securities trading and investment, and provision of financing-related services.
YTD Price Performance: -9.00%
Average Trading Volume: 104,366
Technical Sentiment Signal: Buy
Current Market Cap: HK$94.73M
See more insights into 0498 stock on TipRanks’ Stock Analysis page.